The Saudi Organization for Chartered and Professional Accountants (SOCPA) has released the Arabic translation of the latest version of the Handbook of International Quality Control, Auditing, Review, Other Assurance, and Related Services published by the International Auditing and Assurance Standards Board (IAASB).
This version of the handbook has included some amendments and updates, which can be summarized as follows:
1- Amendments to all standards for the purpose of reconciling with ISA 540 (Revised), Auditing Accounting Estimates and Related Disclosures, which became effective as of December 15, 2019. It should be noted that the SOCPA has already adopted this standard, and it has been published on its website since the date of its adoption.
2- Amendments to all standards to reconcile with the approved updated version of the International Code of Ethics, where, in accordance with the approved international code, it is necessary to refer in the auditor's reports to the "International Code of Ethics for Professional Accountants (Including International Independence Standards) adopted in the kingdom of Saudi Arabia". You can go back to ISA 700 and see Auditor's Reports Forms after they have been updated according to the amendments.
SOCPA asks the general public to continuously follow its website to see the latest versions of the standards and the amendments that are made to them. You can view the approved standards
here.