GUIDE – Challenges of Auditors of Less Complex Entities (LCEs) in particular SMPs

Part I: Context and Institutional Challenges for LCE Auditors with a focus on SMPs

Small and medium practices (SMPs) auditing Less Complex Entities (LCEs) are navigating a tough landscape marked by scalability versus quality, communication hurdles and comparability concerns. This new guide highlights institutional and market pressures while offering forward-looking insights on talent, technology, and collaboration—aiming to spark dialogue rather than prescribe methodology.