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Accounting Today | March 28, 2022
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Improving Trust in Tax to Build a Better World

Global challenges — from the pandemic to climate change — have underscored the importance of creating a more sustainable world. As governments seek to address environmental and social issues, however, they face a crisis of trust. And that lack of trust threatens the key resource at any government’s...

IESBA Technology Experts Group Members Appointed

New York, NY English

The Technology Working Group of the International Ethics Standards Board for Accountants (IESBA) is pleased to announce the members of the recently established IESBA Technology Experts Group (TEG).

Experienced in using and implementing technology, TEG members will act as a “sounding board” to the IESBA’s Technology Working Group, providing advice and other input to help inform the Working Group’s fact-finding work and deliverables. 

The TEG will be chaired by IESBA Member and Chair of the Technology Working Group, Mr. Brian Friedrich. TEG members are:

The TEG is expected to hold its first meeting before the IESBA’s June 2022 Board Meeting. The TEG will receive technical staff support from Jon Reid, Senior Technical Manager at the Australian Accounting Professional & Ethical Standards Board (APESB), a member of the IESBA-National Standard Setters liaison group.

About the IESBA’s Technology Initiatives 

The IESBA is progressing multiple technology workstreams in a coordinated manner. This includes:

  • The development of technology-related revisions to the Code so that it remains relevant and fit for purpose as technology advances (the Technology project). On February 18, 2022, the IESBA released its Exposure Draft: Proposed Technology-related Revisions to the Code with a comment period until June 20, 2022.
  • Fact finding to identify and assess the potential impact of technology on the behavior of professional accountants and the applicability of the Code in relation to ethics and independence.
  • The development of technology-related thought leadership and other materials in relation to ethics and independence for professional accountants and the wider stakeholder community.

Additional information about the IESBA’s technology workstreams is available on the IESBA’s website.

The Fast Future With IFAC Podcast Series: Episode Two

English

The Fast Future With IFAC is a conversational podcast series that features innovative small- and medium-sized practitioners sharing how they’re adapting to the rapidly changing global economy.

Episode Two features our recent discussion with Ron Baker, an American professional accountant and an eminent leader in the field of value pricing. He has spoken, written, and taught on the subject around the world since 1995. He hosts his own podcast, The Soul of Enterprise: Business in the Knowledge Economy, and is co-founder of the VeraSage Institute, a think tank dedicated to educating professionals internationally.

Our host, IFAC principal Kristy Illuzzi, spoke with Ron about many pressing issues facing SMPs, including:

  • Deepening relationships with clients
  • Pricing value rather than costs
  • Disruptions to business models
  • Subscription pricing
  • Talent attraction and retention

Click below or visit IFAC's iTunes podcast channel to listen to this episode. Be sure to subscribe to catch our next conversation with an innovative practitioner, coming soon.

(Back to the Fast Future With IFAC homepage.)

Meeting Highlights Listen & Subscribe in iTunes
The Fast Future With IFAC: Episode 2

Marvin Nusseck

Job Title

Finance and Metrics Strategist & Project Manager, Circle Economy

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