Proposed Quality Management-related Conforming Amendments to the Code
IESBA
Aug 05, 2021 | Exposure Drafts and Consultation Papers
English
Comments due by: Oct 05, 2021
The Proposed Quality Management-related Conforming Amendments exposure draft aims to align the Code with the IAASB’s suite of quality management standards, especially ISQM 1 and ISQM 2, through conforming amendments so that the Code is consistent and interoperable with these IAASB standards. The review has encompassed the recent revisions to the Code pertaining to Role & Mindset and the Non-assurance Services and Fee-related provisions of the Code.
This project falls under the umbrella of IAASB-IESBA coordination, a strategic commitment of the two Boards, and builds on their overarching commitment for enhanced connectivity and coordination to better serve the public interest.
The proposals in this Exposure Draft may be modified in light of comments received before being issued in the final pronouncement. Comments are requested by October 5, 2021.
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- Proposed Revisions to the Fee-related Provisions of the Code
- Proposed Revisions to the Non-Assurance Services Provisions of the Code
