1 June 2020
Guidance has been put together jointly by PRAG, the ICAEW and ICAS. It has been prepared primarily to support pension scheme auditors navigate the additional challenges they are likely to experience as a consequence of the COVID-19 pandemic in meeting their responsibilities towards the scheme’s annual report, including the audited financial statements. Trustees and accounts preparers will also find this a useful document when considering their own challenges, and to understand those faced by the auditing profession. Click here for the press release.
The Pensions Research Accountants Group (PRAG) has published guidance on the risks faced by defined contribution (DC) pension schemes.
Guidance was also issued in relation to cyber security.