July 2026
Webform wording and interface updates
July 31, 2026
The FAC has updated the wording of several financial statement webform questions to improve clarity and better align with standard audit terminology. These are wording changes only and do not affect reporting requirements.
| Previous wording | New wording |
|---|---|
| Is a significant deficiency in internal control disclosed? | Did the auditor report any significant deficiencies in internal control over financial reporting? |
| Is a material weakness in internal control disclosed? | Did the auditor report a material weakness in internal control over financial reporting? |
| Is material noncompliance disclosed? | Did the auditor report a material noncompliance with a material effect on the financial statements? |
The FAC has also added icons for the Unlock, Manage users, and Delete actions on the Audit submissions page to improve usability.
