Is the profession actually ready for the new Clarity ISAs? Santhie Goundar finds out.

Clarity begins at home, to paraphrase an old saying – and where better to start than the humble audit? Certainly this was the view of the International Auditing and Accounting Standards Board (IAASB) when it embarked on its project to improve the clarity of the current International Standards on Auditing, or ISAs for short.