ISA

The International Public Sector Accounting Standards Board (IPSASB) on January 30, 2020 published the final pronouncement titled Improvements to IPSAS, 2019. The pronouncement comprises of minor improvements to International Public Sector Accounting Standards in order to address issues raised by stakeholders. The pronouncement can be accessed on following link: http://www.ipsasb.org/news-events/2020-01/ipsasb- publint-improvements-ipsas-2019

International Federation of Accountants (IFAC) on January 30, 2020 released the second installment of its educational series titled ‘Exploring the IESBA Code’. Each installment of the educational series focuses on a specific aspect of the IESBA Code using real-world situations in a manner that is relatable and practical. It aims to assist the readers in…

International Ethics Standards Board for Accountants (IESBA) on January 21, 2020 issued two Exposure Drafts (EDs) for public comments on: Proposed Revisions to the Non-Assurance Services Provisions of the Code Proposed Revisions to the Fee-Related Provisions of the Code The EDs are aimed at strengthening the non-assurance services and the fee-related independence provisions of the…

The Auditor Reporting Implementation Working Group (ARIWG) of the International Auditing and Assurance Standards Board (IAASB) on February 3, 2020 published a communique, which provides an update on the IAASB’s Post Implementation Review (PIR) of the revised auditor reporting standards. The communique also includes other relevant news and information relevant to the IAASB’s PIR. The…