This case study examines IPSAS adoption efforts in the Philippines, outlining the country context, structure of government, the accounting and auditing environment in the country, budget process, historical roots and capacity building involved. The case study also provides an executive summary and key takeaways from the Philippines adoption journey that can be useful for other countries.

As part of the IAASB’s technology focus, this publication provides an update on efforts to appropriately address the technology related issues in recently and soon-to-be issued standards and exposure drafts. It also includes additional relevant news and information on technology in audit, and recent technology working group activities.

The staff of the IESBA has released an updated Q&A publication to support the adoption and implementation of the revised long association provisions Changes to the Code Addressing Long Association of Personnel with an Audit or Assurance Client.

The International Standard on Auditing (ISA) 540 (Revised) Implementation Working Group has developed two flowcharts and a diagram to support the understanding, and effective implementation, of the standard.