News and Publications

The IAASB has developed an outreach plan for its proposed new standard for audits of financial statements of less complex entities, which responds to demands to have a set of high-quality audit requirements tailored for the needs of less complex entities. The plan details upcoming virtual and in-person events as well as the IAASB’s plans to gather feedback from…

IFAC welcomes the opportunity to comment on the OECD’s draft revisions to the Recommendation for Further Combating Bribery of Foreign Public Officials in International Business Transactions (Anti-Bribery Recommendation). IFAC supports the Anti-Bribery Recommendation and the OECD’s efforts to ensure that it is as effective as possible. IFAC looks forward to supporting the revised Anti-Bribery recommendation when…

The Proposed Quality Management-related Conforming Amendments exposure draft looks to align the International Code of Ethics for Professional Accountants with the IAASB’s suite of quality management standards, especially ISQM 1 and ISQM 2, through conforming amendments so that the Code is consistent and interoperable with these IAASB standards. The review has encompassed the recent revisions to…

The Quality Management webinar series, hosted by the IAASB in collaboration with IFAC, takes a deep dive into aspects of the IAASB’s International Standard on Quality Management 1, Quality Management for Firms that Perform Audits or Reviews of Financial Statements, or Other Assurance or Related Services Engagements. The webinar series focused on: Webinar One: All You…

The International Public Sector Accounting Standards Board® (IPSASB®) has published a Consultation Document that seeks your input in determining what projects are most important to you in delivering the Strategy and Work Plan 2019-2023.  The IPSASB has prioritized projects by applying the project prioritization criteria in the Strategy, and drawing on stakeholder feedback obtained during its development. The IPSASB will commence the new…