Regulatory Alerts2016-10-13
Added
Amendment to Proper Conduct of Banking Business Directive no. 304A regarding PCAOB audit standards
The Bank of Israel amends Proper Conduct of Banking Business Directive no. 304A by adding Section 2(l) to its Appendix on PCAOB audit standards, specifically incorporating AS18—Related Parties. This change applies to banking corporations and credit card companies, requiring audits of financial statements for the period ending December 31, 2016, and onward to be conducted in accordance with the newly adopted US standard.
More like this from BOI
We email you every new BOI publication the day it's published.
Topics
Share