IAASB eNews: March 2016
English
IAASB Seeks Feedback on ITC: Enhancing Audit Quality in the Public Interest
The deadline for commenting on the Invitation to Comment, Enhancing Audit Quality in the Public Interest: A Focus on Professional Skepticism, Quality Control and Group Audits (the ITC) is May 16, 2016.
The IAASB also has released a companion document, an Overview of the ITC, designed to solicit feedback from investors, audit committees, and preparers.
Downloadable templates for responding to the ITC and Overview are available.
SUBMIT COMMENT »
ISA 540 Project Publication and Project Proposal
A recently released publication highlights the audit issues arising from the shift to Expected Credit Loss models when accounting for loan losses.
VIEW PROJECT PROPOSAL »
Updated Webpage: Focus on Audit Quality
The revised “Focus on Audit Quality” page contains new resources, including templates for commenting on the ITC and the Overview.
VISIT SITE »
IAASB Presentation and Outreach Activities
The IAASB continues its extensive outreach program as part of its five-year Strategy for 2015–2019: Fulfilling Our Public Interest Mandate in an Evolving World.
LEARN MORE »
IAASB Staff Promotions and Appointments Announced
Earlier this year, the IAASB announced several staff promotions and appointments.
READ THE NEWS ALERT »
Upcoming Dates
- March 14-18, 2016: IAASB Meeting, New York, NY
- April 26, 2016: IAASB Conference Call
- May 16, 2016: Deadline for Invitation to Comment, Enhancing Audit Quality in the Public Interest.
- June 20-24, 2016: IAASB Meeting, New York, NY
For more info, or to register to attend an IAASB meeting as an observer, visit IAASB Meetings and IAASB CAG Meetings.
IFAC Response to ICAEW Public Interest Guidance Consultation
IFAC recently responded to the Institute of Chartered Accountants of England and Wales (ICAEW)’s Consultation on Guidance on Aspects of the ICAEW Code of Ethics. The consultation addresses the public interest responsibility of accountants; identifying and managing conflicts; and determining the basis of charging fees.
IFAC