News and Publications

Key Takeaways from IAASB’s Third Conference on the Audits of Financial Statements Less Complex Entities

Key Takeaways from IAASB’s Third Conference on the Audits of Financial Statements Less Complex Entities

At the beginning of May 2022, the International Auditing and Assurance Standards Board held the third and final Paris conference in collaboration with the Compagnie Nationale des Commissaires aux Comptes (CNCC) and Conseil Supérieur de l'Ordre des Experts-Comptables (CNOEC) to discuss and explore how to move forward in progressing the separate standard for audits of…
2022 Handbook of International Public Sector Accounting Pronouncements

2022 Handbook of International Public Sector Accounting Pronouncements

This Handbook contains the complete International Public Sector Accounting Standards, published as of January 31, 2022. It also includes the Conceptual Framework for General Purpose Financial Reporting by Public Sector Entities.
Consultation Paper, Natural Resources

Consultation Paper, Natural Resources

The International Public Sector Accounting Standards Board® (IPSASB®) has released for comment the Consultation Paper, Natural Resources. This Consultation Paper is the IPSASB’s first step in developing guidance on the recognition, measurement, presentation, and disclosure of natural resources in the public sector. The IPSASB welcomes the views of constituents on the proposed guidance and other matters…
Mid-Period Work Program Consultation Summary

Mid-Period Work Program Consultation Summary

The Mid Period Work Program Consultation Summary (Consultation Summary) reflects the IPSASB’s deliberations and decisions related to the responses received to the 2021 Mid Period Work Program Consultation. The Consultation Summary highlights the process followed in deciding what projects to add, and the IPSASB’s basis for those decisions. The projects added to the 2022 IPSASB…
Natural Resources Consultation Scope Diagram

Natural Resources Consultation Scope Diagram

The document below provides a detailed explanation of how Figure 2 in the Consultation Paper, Natural Resources, was developed.
Consultation Paper, Advancing Public Sector Sustainability Reporting

Consultation Paper, Advancing Public Sector Sustainability Reporting

This objective of this public consultation is to evaluate the demand from stakeholders for sustainability reporting guidance, as well as the degree of support for the IPSASB’s involvement in the process, the priority areas for guidance, and how this might be approached. This Consultation Paper proposes the IPSASB: Serve as the standard setter for global…
Report on IESBA Accomplishments, 2020 – 2021

Report on IESBA Accomplishments, 2020 – 2021

Elevating Ethics and Independence Standards for a Complex World summarizes the IESBA's accomplishments for 2020 and 2021. The Report includes the final message from Dr. Stavros Thomadakis in his role as IESBA Chairman and showcases the significant progress that the IESBA has made on behalf of the public interest. It also provides an overview of the IESBA’s…
Benchmarking International Independence Standards

Benchmarking International Independence Standards

The staff of the International Ethics Standards Board for Accountants’ (IESBA) has completed a study comparing the provisions of International Code of Ethics for Professional Accountants (including International Independence Standards) — in particular the independence provisions applicable to audits of financial statements of public interest entities (PIEs)—with the relevant rules of the U.S. Securities and Exchange Commission (SEC)…
Non-Authoritative Guidance: The Fraud Lens – Interactions Between ISA 240 and Other ISAs

Non-Authoritative Guidance: The Fraud Lens – Interactions Between ISA 240 and Other ISAs

This non-authoritative guidance illustrates the relationship between International Standard on Auditing (ISA) 240, The Auditor’s Responsibilities Relating to Fraud in an Audit of Financial Statements, and other ISAs when planning and performing an audit engagement and reporting thereon. It also illustrates how ISA 240 is currently applied in conjunction with the full suite of ISAs.