The International Public Sector Accounting Standards Board® (IPSASB®), developer of IPSAS®, international accrual-based accounting standards for use by governments and other public sector entities around the world has opened a consultation to hear stakeholder feedback on its proposed strategy and work program for 2024-2028.
Standard-setting body the International Auditing and Assurance Standards Board (IAASB) has issued a global sustainability assurance standard, in a push to "enhance the trust and confidence" investors and regulators have in sustainability information. Read the full article at Responsible-investor.com.
The disclosures that companies make about their green credentials will be evaluated by new global audit standards that are expected to be finalized by the end of next year. Read the full article at Bloomberg.com.
A global body on Wednesday proposed its first set of comprehensive rules for auditing climate-related company disclosures in an anticipated move regulators have said is crucial for giving investors information free of greenwashing. Read the full article at Reuters.com.
As companies scale up the scope and scale of their sustainability reporting, under pressure from both investors and regulators, the need for high-quality external assurance of these disclosures is increasingly urgent. Read the full article at FT.com.
Resulting from the Revisions to the IESBA Code that Require a Firm to Publicly Disclose When a Firm Has Applied the Independence Requirements for Public Interest Entities (PIEs)
These narrow scope amendments to two IAASB standards operationalize changes to the International Ethics Standards Board for Accountants’ (IESBA) International Code of Ethics for Professional Accountants (including International Independence Standards) related to listed and public interest entities.
