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Proposed Change to the Definition of “Those Charged with Governance”

IESBA
| Exposure Drafts and Consultation Papers
English
Comments due by:

The IESBA has proposed a change to the definition of “those charged with governance” in the Code of Ethics for Professional Accountants (the Code) to more closely align the definition of the term with that in the IAASB’s International Standard on Auditing (ISA) 260, Communication with Those Charged with Governance.

The change specifically aims to clarify that a subgroup, such as an audit committee, may assist the governing body in meeting its responsibilities. In those cases, the auditor shall determine with whom within the entity’s governance structure to communicate.

Comments are welcome from all stakeholders.

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With Proposed Change to Definition
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Submitted Comment Letters

  1. RSM International (216.04 KB)
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  2. Personal Capacity (91.91 KB)
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  13. ICPAS (355.22 KB)
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  17. ICAS (106.23 KB)
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  21. ICAP (51.11 KB)
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  22. ASSIREVI (205.45 KB)
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  23. CPA Australia (191.74 KB)
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  34.  (Brazil)