News and Publications
IFAC Small and Medium Practices Advisory Group Response to the IAASB’s Exposure Draft proposed Narrow Scope Amendments to ISA 700 (Revised) and ISA 260 (Revised)
The SMPAG supports the IAASB approach to undertake the project on listed entity and PIE as two tracks with the ED focused on narrow scope amendments to ISA 700 (Revised) and ISA 260 (Revised) to support operationalizing the IESBA transparency requirement with an effective data that aligns with the revisions to the IESBA Code, followed…
IFAC-IAASB Quality Management Resources
In late 2020, the International Auditing and Assurance Standards Board (IAASB) issued three new and revised quality management standards. The standards strengthen and modernize how a firm of any size or level of complexity approaches quality management. This document provides links to IFAC and IAASB materials that can help firms implement the new standards. Visit…
The Ukraine Conflict: Key Ethics and Independence Considerations
This Staff Alert highlights the ethical implications arising from the wide-ranging economic sanctions many jurisdictions have imposed on Russia and certain Russian entities and individuals as well as Belarus, and the related ethical responsibilities of PAIBs and PAPPs under the Code. It also highlights: Key ethics considerations for PAIBs in relation to the preparation and…
International Standards: 2022 Global Adoption Status Snapshot
Since IFAC issued the International Standards: 2019 Global Status Report, IFAC member organizations have continued to progress the adoption of international standards, which ultimately supports greater economic growth and financial market stability. This is especially important and noteworthy given that the last few years were exceptionally difficult as the world responded to and recovered from…
IESBA Sustainability Questionnaire
Stakeholders are invited to respond to the questionnaire below to inform the work of the IESBA’s Sustainability Working Group. There are six sets of questions. Stakeholders should respond to the set that is most relevant to them. To schedule a meeting with the Working Group, or to respond to the questions in writing, please email…
Ethical Leadership In A Digital Era: Applying The IESBA Code To Selected Technology-Related Scenarios
This non-authoritative publication provides seven hypothetical scenarios to illustrate how accountants can navigate practical issues in ethical leadership when using or implementing technology. Each scenario highlights the application of specific requirements and guidance in the IESBA Code, in particular those related to compliance with the fundamental principles of ethics, and auditor independence. The publication was…
Ethical Leadership In A Digital Era
This non-authoritative publication provides seven hypothetical scenarios to illustrate how accountants can navigate practical issues in ethical leadership when using or implementing technology. Each scenario highlights the application of specific requirements and guidance in the IESBA Code, in particular those related to compliance with the fundamental principles of ethics, and auditor independence. The publication was…
Public Trust in Tax: Global Perspectives 2022
Since 2017, IFAC and ACCA have gathered data across the G20 on the attitudes and opinions of the general public towards their tax systems, and the actors involved in them. Reflecting the views of over 5,600 people across 14 countries, this survey—the first that looks beyond the world's largest economies—provides an insight into whom they…