On June 16, 2021 the IESBA hosted a webinar on the fee-related revisions to the IESBA Code. In this 60-minute webinar the IESBA’s Deputy Chair and Fees Task Force member, Ms. Caroline Lee and IESBA member and the Fees Task Force Chair, Mr. Ian McPhee explain the key changes to the fee-related provisions of the Code. The revisions, which can be found here, will come into effect in December 2022.
On June 17, 2021 the IESBA hosted a webinar on the Non-Assurance Services revisions to the IESBA Code. In this 60-minute webinar the IESBA’s Non-Assurance Services (NAS) Task Force Chair, Mr. Richard Fleck and IESBA member and NAS Task Force Member, Ms. Kim Gibson explain the key changes to the revised NAS provisions of the Code. The revisions, which can be found here, will come into effect in December 2022.
Below is the slide deck, including two slides with hyperlinked resources for the audience (slides 27 and 28) and updated with recommendations from the panel.
The report was drawn from the IFAC Index, which captures current and future use of public financial reporting bases and frameworks by governments around the world. The index found that while 30% of governments report on an accrual basis in 2020 (an increase of 6% since 2018), 50% will report on...