Amendment of the Basic Guidelines on Information Requirements and Inspection on Foreign Audit Firms etc. by the Certified Public Accountants and Auditing Oversight Board

The Certified Public Accountants and Auditing Oversight Board (CPAAOB) finalizes the amendments of the Basic Guidelines on Information Requirements and Inspection on Foreign Audit Firms etc. by the Certified Public Accountants and Auditing Oversight Board.
 
I. Outline of the amendment
　・Including the performance of the hybrid inspection of remote and face-to-face method.
   ・Reflecting the amendment of the International Quality Comtrol Standards.

II. Effective Date
This Guideline comes into effect as of July 1, 2024 and applies to the inspection with an advance notice (applies to the on-site inspection in the case of no advance notice) since then.