IAESB releases new guidance

The board has this week issued support materials for the implementation of IES 8, Professional Competence for Engagement Partners Responsible for Audits of Financial Statements (Revised). This International Education Standard prescribes the professional competence...

IGT details new review

According to a statement from Ali Noroozi, the IGT, current international developments show a trend toward a formalised statement of taxpayer protections or rights, which may be in legislative or administrative form, however, in Australia the primary publication which...

FSI response shines spotlight on ethical investment

In releasing its response this week, the government stated that they “will examine how best to foster growth of impact investment in Australia to support private and for-profit investment funds being directed to projects with a social or environmental...
IPSASB releases exposure drafts

IPSASB releases exposure drafts

Comments on ED 57, Impairment of Revalued Assets, and ED 58, Improvements to IPSASs 2015 are requested by January 15, 2016. ED 57 proposes to bring property, plant and equipment, and intangible assets on the revaluation model within the scope of the IPSASB’s two...
Keeping to the right

Keeping to the right

Recent developments in the US surrounding charges and arrests for alleged wrongdoing by officials from soccer’s global governing body FIFA should be a catalyst for audit, risk, compliance and governance professionals to re-evaluate the strength of their...