The IESBA invites comment from all stakeholders on its Proposed Strategy and Work Plan, 2014-2018.

The Consultation Paper was developed with input from a survey conducted in 2013 and other consultative activities. It lays out four proposed strategic themes to reflect the Ethics Board’s vision for the medium to longer term and to guide its work plan over the five-year period:

The International Accounting Education Standards Board has released for public exposure a proposed revision of International Education Standard (IES) 8, Professional Competence for Engagement Partners Responsible for Audits of Financial Statements.

The revised standard now focuses on the professional competence requirement for engagement partners who have responsibility for audits of financial statements.

Exposure Draft 53, First-Time Adoption of Accrual Basis International Public Sector Accounting Standards (IPSASs), is a proposed standard applicable to entities that present accrual basis financial statements during the process of adopting and implementing IPSASs, providing exemptions during the transition period.

The International Public Sector Accounting Standards Board (IPSASB) has published Exposure Draft (ED) 52, Disclosure of Interests in Other Entities, as part of its ongoing improvements to International Public Sector Accounting Standards (IPSASs). The EDs propose to update the requirements in IPSASs 6 to 8. 

The International Public Sector Accounting Standards Board (IPSASB) has published Exposure Draft (ED) 51, Joint Arrangements, as part of its on-going improvements to International Public Sector Accounting Standards (IPSASs). The EDs propose to update the requirements in IPSASs 6 to 8. 

The International Public Sector Accounting Standards Board (IPSASB) has published Exposure Draft (ED) 50, Investments in Associates and Joint Ventures, as part of its on-going improvements to International Public Sector Accounting Standards (IPSASs). The EDs propose to update the requirements in IPSASs 6 to 8. 

The International Public Sector Accounting Standards Board (IPSASB) has published Exposure Draft (ED) 49, Consolidated Financial Statements, as part of its ongoing improvements to International Public Sector Accounting Standards (IPSASs). The EDs propose to update the requirements in IPSASs 6 to 8. 

The International Public Sector Accounting Standards Board (IPSASB) has published Exposure Draft (ED) 48, Separate Financial Statements, as part of its on-going improvements to International Public Sector Accounting Standards (IPSASs). The EDs propose to update the requirements in IPSASs 6 to 8. 

This Discussion Paper is designed to stimulate a global debate on preparing accountants for finance leadership roles, including chief financial officer (CFO). The paper features five principles that highlight the changing expectations, scope, and mandate of the CFO and finance leadership roles and recommends what action professional accountancy organizations and employers can take to prepare professional accountants for career progression to finance leadership.

This exposure draft seeks views from stakeholders in relation to the IAASB’s proposals to enhance auditor reporting globally. The proposals respond to calls from investors, analysts, and other users of audited financial statements in the wake of the global financial crisis for the auditor to provide more relevant information in the auditor’s report, and build upon the indicative direction set out in the IAASB’s June 2012 Invitation to Comment.