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  1. A working group formed by the International Ethics Standards Board for Accountants (IESBA) and national ethics standard setters (NSS) from Australia, Canada, China, South Africa, the UK and the US has released 5 Ethical Challenges that Will Intensify as the Pandemic Wanes, a look at the key ethical issues that lie ahead for professional accountants as the COVID-19 pandemic moves into the next phase. This informative, deep-dive article revisits many of the topics the working group cited previously as ethical challenges brought on by the pandemic and provides updated context and insights to help
  2. For more than a year, the world has been duly tested by the challenges resulting from the COVID-19 pandemic. In response, professional accountants have shown tremendous resilience. However, as jurisdictions around the world progress toward a more hopeful future, the ethics challenges the accountancy profession and stakeholders face are far from over. In fact, they might intensify. As the pandemic fades, many entities will be eager to demonstrate their potential by posting quick wins and an accelerating recovery. Others will continue to navigate the intricacies of government support schemes,
  3. Introduction Ladies and Gentlemen, dear Colleagues. I am very happy to address the “Audit and Assurance” Conference today and I want to thank you for the kind invitation. Congratulations to the Organizers and especially Elias Basioudis for putting together yet another successful conference. The International Ethics Standards Board for Accountants (IESBA) has been working very hard over the last years on a series of projects that have led to considerable changes to the International Code of Ethics, including the International Independence Standards. A comprehensive restructuring of the Code
  4. IFAC's new building blocks approach to reporting sustainability information enhances the previously issued roadmap, The Way Forward. With this new step, IFAC hopes to foster discussion on how this approach can deliver a global system for consistent, comparable, and assurable sustainability-related information that best meets the needs of investors and other stakeholders. IFAC welcomes feedback on the building blocks approach and plans to engage with stakeholders at future IFAC events addressing the broader journey to an enhanced corporate reporting world. Learn more about the global drive fo
  5. The IAASB is consulting on its Work Plan for 2022–2023 through an online survey. Guided by its strategic objectives for 2020-2023, the IAASB’s current—and future—work is tailored to serve the public interest. The survey is designed to help the IAASB develop its Work Plan for 2022–2023 through understanding what is important to its stakeholders. To help stakeholders thoughtfully consider and respond, and conduct any appropriate outreach to consolidate feedback, the document below can be used to share questions and prepare. The survey will remain open until August 5, 2021. http://feeds.feedbur
  6. The International Auditing and Assurance Standards Board (IAASB) today issued a survey on its Work Plan for 2022–2023. Guided by its strategic objectives for 2020-2023, the IAASB’s current—and future—work is tailored to serve the public interest. The survey is designed to help the IAASB develop its Work Plan for 2022–2023 through understanding what is important to its stakeholders. The survey asks respondents for their views on the IAASB’s ongoing projects and possible future topic priorities. It will be open until Thursday, August 5, 2021. Respondents must submit their views using our survey
  7. Today, the International Federation of Accountants (IFAC) published a revised building blocks approach to reporting sustainability information—enhancing its previously issued roadmap, The Way Forward. IFAC hopes to foster discussion on how this approach can deliver a global system for consistent, comparable, and assurable sustainability-related information that best meets the needs of investors and other stakeholders. IFAC CEO Kevin Dancey said, “As the IFRS Foundation continues to consider establishing a new International Sustainability Standards Board and as jurisdiction-specific initiative
  8. The first digital native generation entering the workforce is being shaped by the unique world catastrophes they’ve lived through in their young lives, finds a global report from ACCA (the Association of Chartered Certified Accountants) and IFAC (the International Federation of Accountants). The views of 9,000 18 to 25-year-olds are published in Groundbreakers: Gen Z and the future of accountancy and reveal their primary concerns are around job security, well-being and mental health, offering a wakeup call to employers who need to show they care. While survey respondents are broadly convince
  9. Amid a rapidly changing world, the first digital native generation is entering the workforce. This joint report from ACCA (the Association of Chartered Certified Accountants) and IFAC (the International Federation of Accountants) draws upon the responses of 9,000+ 18-25 year olds to gain insights into how Generation Z’s top concerns may influence what they want from their careers, what attracts them to organizations, and their views on accountancy, business, and the impact of COVID-19. Groundbreakers: Gen Z and the Future of Accountancy examines how this generation’s priorities and skills wil
  10. After consultations with the Public Interest Oversight Board, the IAASB has published a revised detailed work plan that supersedes its work plan published in February 2021. The work plan was revised to account for the continued impact of the COVID-19 pandemic on both board operations and stakeholders’ capacity to implement new standards and participate in the IAASB’s due process. The new work plan prioritizes the on-time completion of two significant public interest documents—the finalization of ISA 600 (Revised) on Group Audits (expected after the December 2021 IAASB meeting) and a proposed
  11. After consultations with the Public Interest Oversight Board, the International Auditing and Assurance Standards Board (IAASB) has published a revised detailed work plan that supersedes the work plan published on February 1, 2021. The IAASB revised the work plan to account for the continued impact of the COVID-19 pandemic on both board operations and stakeholders’ capacity to implement new standards and participate in the IAASB’s due process. Facing the reality of reduced plenary time resulting from remote plenary meetings throughout the remainder of the calendar year, the IAASB is prioritizi
  12. The International Auditing and Assurance Standards Board (IAASB) today published its new Framework for Activities. The Framework describes the IAASB’s operating processes and procedures for advancing standard setting and other related activities. The IAASB developed the Framework to support a more agile standard-setting process. The Framework also provides additional public transparency around the IAASB’s prioritization activities, beyond the formally approved due process. The Framework sets out the different components within the IAASB’s due process for advancing topics onto and through the
  13. The Framework describes the IAASB’s operating processes and procedures for advancing standard-setting and other related activities. By being more deliberate and evidence-based, the IAASB will be more responsive to the key public interest challenges in audit and assurance. The Framework sets out the following key components: Information gathering and research activities; Revising and developing standards; Narrow scope maintenance of standards; and Activities to support standards’ implementation. http://feeds.feedburner.com/~r/ifac-publications/~4/8gwA1PyHYQ0أضغط على الرابط لزيارة موقع الخبر
  14. Subtitle: New report from ACCA and IFAC explores the views of young professionals and students on finance and accountingDate: Wed, 2021-05-05The first digital native generation entering the workforce is being shaped by the unique world catastrophes they’ve lived through in their young lives, finds a global report from ACCA (the Association of Chartered Certified Accountants) and IFAC (the International Federation of Accountants). Issues, Insights & Interest Areas: Development of the ProfessionLanguage: EnglishNews Type: Press Releases/News AlertsSource: IFACHide Banner: 1http://feeds.feedb
  15. A new video on the suite of quality management standards is now available from the IAASB. It addresses considerations for firms when preparing to implement the standards, such as what may be retained from current systems, the time and resources needed, the impact on the firm as a whole, and various ways to approach implementation. The video emphasizes the need for firms to start early and prepare for implementation. The IAASB suite of new and revised quality management standardswas released in December 2020; they will become effective on December 15, 2022. http://feeds.feedburner.com/~r/ifac-
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