Dan Montgomery, deputy chairman of the IAASB and chairman of its Auditor Reporting Task Force speaks to Accountancy Age on the IAASB’s call for auditor reporting reform.
Stuart Gittleman of Thomson Reuters reports on the release of the IESBA's Exposure Draft, Responding to a Suspected Illegal Act.
This Exposure Draft (ED) proposes new requirements that address a professional accountant’s responsibilities regarding the disclosure of suspected illegal acts committed by a client or employer. The proposals describe the circumstances in which a professional accountant is required or expected to override confidentiality and disclose the act to an appropriate authority.