These proposed changes to the international Education Standards embed sustainability—from analysis to reporting to assurance—across aspiring professional accountants’ training.

Key proposals include:

ED 89 proposes amendments based on five IFRIC Interpretations issued by the IFRS Interpretations Committee which the IPSASB had not yet considered. The IPSASB proposes amendments to IPSAS for guidance based on the IFRIC Interpretations which are applicable for public sector entities and helpful in applying existing IPSAS principles. 

Comments are requested in English. 

Exposure Draft (ED) 88, Arrangements Conveying Rights over Assets proposes amendments to IPSAS 47 and IPSAS 48.

Veuillez soumettre vos commentaires via la page Web pour la consultation originale en anglais ici. / Please submit your feedback via the web page for the original English consultation here.

Veuillez soumettre vos commentaires via la page Web pour la consultation originale en anglais ici. / Please submit your feedback via the web page for the original English consultation here.

Recent corporate failures throughout the world have underscored the benefits of clarifying and enhancing the role of auditors in responding to fraud and suspected fraud as a means of enhancing public trust in financial reporting.

The Exposure Draft on Using the Work of an External Expert proposes an ethical framework to guide professional accountants or sustainability assurance practitioners, as applicable, in evaluating whether an external expert has the necessary competence, capabilities and objectivity in order to use that expert’s work for the intended purposes. The proposals also include provisions to aid in applying the Code’s conceptual framework when using the work of an external expert.

The Exposure Draft on International Ethics Standards for Sustainability Assurance (including International Independence Standards) (IESSA) and ethics standards for sustainability reporting proposes a clear framework of expected behaviors and ethics provisions for use by all sustainability assurance practitioners regardless of their professional backgrounds, as well as professional accountants involved in sustainability reporting.