News and Publications

On June 16, 2021 the IESBA hosted a webinar on the fee-related revisions to the IESBA Code. In this 60-minute webinar the IESBA’s Deputy Chair and Fees Task Force member, Ms. Caroline Lee and IESBA member and the Fees Task Force Chair, Mr. Ian McPhee explain the key changes to the fee-related provisions of the Code.…

We applaud the Commission’s leadership in prompting this important conversation. IFAC supports including a broader range of information in corporate reporting so that organizations can communicate more effectively—and stakeholders can better understand—prospects for longer-term value creation. We believe that companies who adopt an “integrated mindset”—insight gained by management and those charged with governance from both…

This non-authoritative First-time Implementation Guide will help practitioners understand and implement the requirements of the International Standard on Quality Management (ISQM) 2, Engagement Quality Reviews. It will help practitioners and firms successfully plan and implement the standards by the effective date, December 15, 2022. It does not amend or override the International Standard on Quality…

The IFAC SMP Advisory Group believes that the approach for a global PIE definition should be narrow, rather than broad. Otherwise the situation arises where PIEs at an international level are not PIEs under local legislation in several parts of the world and it leads to inconsistent practices. Whilst going beyond this may be necessary…