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IESBA 

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NEWS ALERT
IESBA TO HOLD GLOBAL WEBINARS ON ITS PROPOSALS TO REDEFINE A PUBLIC INTEREST ENTITY (PIE)
All stakeholders are invited to register and participate.

(New York, NY, February 26, 2021)

Today, the International Ethics Standards Board for Accountants (IESBA) announced it is holding two global webinars focused on its recently released Exposure Draft: Proposed Revisions to the Definitions of Listed Entity and Public Interest Entity in the Code (PIE ED).

Please click below to register and join us for one of the 60-minute webinars (both will cover the same information and are being offered to accommodate different time zones).

During the webinars, the PIE Task Force Chair, Mr. Mike Ashley, will explain the IESBA’s key proposals in the ED, including:

  • The introduction of an overarching objective for additional independence requirements for audits of PIEs
  • Approach to revising the PIE definition and the introduction of a new term “publicly traded entity” to replace “listed entity”
  • Anticipated role of regulators, national standard setters and other relevant local bodies to refine the PIE definition as part of the adoption process
  • Increased role of firms
Don’t miss out on this unique opportunity to engage with representatives of the IESBA and learn more about these important proposals which will affect the scope of application of the IESBA’s International Independence Standards.

The IESBA welcomes comments on the PIE ED from all stakeholders, including investors and other users of financial statements, the corporate governance community, the regulatory and audit oversight community, preparers, firms, national standard setters, IFAC member bodies, academics and others.

The comment deadline for the PIE ED is May 3, 2021. 

If you have any questions, please email Geoff Kwan at GeoffKwan@ethicsboard.org.

About IESBA

The International Ethics Standards Board for Accountants (IESBA) is an independent global standard-setting board. The IESBA’s mission is to serve the public interest by setting ethics standards, including auditor independence requirements, which seek to raise the bar for ethical conduct and practice for all professional accountants through a robust, globally operable International Code of Ethics for Professional Accountants (including International Independence Standards) (the Code).

Contact:
Jennifer DiClerico
Head of Communications
+1-212-286-9344
jenniferdiclerico@ifac.org

 
Prepared by IFAC's Communications Department. Contact communications@ifac.org for further information.
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