Technology Working Group

Objective

The IESBA is committed to monitor technology developments through a four-pillar approach. This consists of:

  • Internal board education,
  • Environmental scanning informed by the IESBA’s Technology Experts Group,
  • Ad-hoc analysis of technology impacts on other workstreams as needed, and
  • Facilitating the implementation of the Phase 2 Report recommendations, including contributing to developing or facilitating the development of non-authoritative resources. 
PROJECT CONTACT
Working Group
IESBA June 2024 Meeting Highlights

The IESBA considered an update from the Technology Working Group (TWG), which covered its work since the March 2024 meeting. The IESBA also considered two presentations from:

  • Jay Schulman, National Leader for Blockchain and Digital Assets (RSM US LLP), who gave an informative session on blockchain and artificial intelligence, and the potential threats to independence that these technologies could pose; and
  • William Gee, Risk Assurance Senior Advisor for Innovation and Digitalization (PwC Hong Kong), who shared his insights into blockchain technology trends and adoption, and the evolving regulatory landscape.

The IESBA continued to support TWG’s work in bringing technology issues to the forefront.

The IESBA will receive a further update from the TWG in due course.