Caution

ISAE 3410 has been withdrawn with effect from December 15, 2026, the effective date of ISSA 5000. See withdrawal announcement here.

At the February 2012 Professional Accountancy Organization (PAO) Development Committee Meeting in Dubai, UAE, the committee held discussions on the development of PAOs throughout the Middle East region. Committee members, observers, and guests from national, regional, and global stakeholders participated in these discussions. Points made during the course of the meeting have been refined into this informal high-level guidance.

The Professional Accountants in Business (PAIB) Committee has issued this new International Good Practice Guidance, which highlights areas where the practical application of existing internal control standards and frameworks often fails in many organizations. The new guidance will assist professional accountants in business as they work with their organizations to continuously evaluate and improve internal control, and ensure that it is an integrated part of the organization’s systems of governance and risk management.

The updated second edition of this multi-part checklist  contains a new standalone section on environmental management. Other sections include financial tasks, strategic management tasks, and regulatory requirements, among other areas. The checklist is meant primarily for small- and medium-sized practices (SMPs), as a marketing or diagnostic tool to help them determine the advice a small business client may need, and also to help them in managing their own businesses. 

This Companion Manual provides member bodies and other professional accountancy organizations with guidance on how they can make the best use of the SMP Committee's four implementation guides, including adapting, translating, or incorporating the Guides into CPD courses and/or training programs. 

Download the related Guides:

This IAASB Staff Q&A publication focuses on the requirements and application material in the International Standards on Auditing (ISAs) and the IAASB’s quality control standard that are of particular relevance to the proper understanding and application of professional skepticism during an audit of financial statements.

The Companion Manual provides member bodies and other professional accountancy organizations with guidance on how they can make the best use of the SMP Committee's Guide to Practice Management for Small- and Medium-Sized Practices including adapting, translating, or incorporating the Guide into CPD courses and/or training programs. 

Download the fourth edition of the Guide to Practice Management for Small- and Medium-Sized Practices.

This article presents the rationale for small businesses to improve their environmental performance and highlights the role that small- and medium-sized practices (SMPs) have in this emerging area of business advisory services.

This summary is intended to be a resource to aid users in gaining a quick overview and understanding of the range of prohibitions imposed by the Code on professional accountants when they undertake audits of PIEs. It is intended to help facilitate the adoption and effective implementation of the Code by IFAC member bodies and others.

This publication does not constitute an authoritative pronouncements of the board, nor does it amend or override the Code.