Date:
The International Ethics Standards Board for Accountants (IESBA) invites stakeholders to join a global webinar it will be holding on its recently released final pronouncement, Revisions to the Definitions of Listed Entity and Public Interest Entity in the Code.
The webinar is scheduled for May 25, 10am EDT. Click here to register.
The one-hour live-streamed event will be presented by Mike Ashley, former IESBA member and IESBA Public Interest Entity (PIE) Task Force Chair, and Andrew Mintzer, IESBA member and IESBA PIE Rollout Working Group Chair.
The revised provisions strengthen the International Independence Standards by subjecting more entities to additional independence requirements through an expanded list of PIE categories. The revised provisions also recognize the essential role local bodies responsible for the adoption of the Code play in defining the specific entities that should be scoped in as PIEs in their jurisdictions, encouraging them to properly refine the PIE categories in the expanded definition and adding any other categories relevant to their environments. Further, the revised provisions introduce a transparency requirement for firms to publicly disclose the application of independence requirements for PIEs where they have done so.
The webinars will be held in English and available on YouTube.