Proposed Change to the Definition of “Those Charged with Governance”

IESBA

Jul 20, 2012 | Exposure Drafts and Consultation Papers

English

Don't see your language? Request permission to translate

Comments due by: Oct 31, 2012

The IESBA has proposed a change to the definition of “those charged with governance” in the Code of Ethics for Professional Accountants (the Code) to more closely align the definition of the term with that in the IAASB’s International Standard on Auditing (ISA) 260, Communication with Those Charged with Governance.

The change specifically aims to clarify that a subgroup, such as an audit committee, may assist the governing body in meeting its responsibilities. In those cases, the auditor shall determine with whom within the entity’s governance structure to communicate.

Comments are welcome from all stakeholders.

Exposure Draft

With Proposed Change to Definition

Submitted Comment Letters

RSM International (216.04 KB)
(United Kingdom)

Jul 27, 2012
Personal Capacity (91.91 KB)
(Trinidad and Tobago)

Aug 24, 2012
PwC (68.58 KB)
(United Kingdom)

Oct 2, 2012
ICAEW (106.65 KB)
(United Kingdom)

Oct 5, 2012
Institut der Wirtschaftsprüfer in Deutschland e.V. (IDW) (47.32 KB)
(Germany)

Oct 8, 2012
Hong Kong Institute of Certified Public Accountants (128.14 KB)
(Hong Kong, Special Administrative Region of China)

Oct 18, 2012
Association of Chartered Certified Accountants (59.9 KB)
(United Kingdom)

Oct 24, 2012
Deloitte Touche Tohmatsu Limited (26.14 KB)
(United States of America)

Oct 25, 2012
CGA-Canada (56.06 KB)
(Canada)

Oct 27, 2012
New Zealand Auditing and Assurance Standards Board (175.7 KB)
(New Zealand)

Oct 28, 2012
Korean Institute of CPAs (152.94 KB)
(Korea)

Oct 29, 2012
Consiglio nazionale dei dottori commercialisti e degli esperti contabili (1.44 MB)
(Italy)

Oct 29, 2012
ICPAS (355.22 KB)
(Singapore)

Oct 29, 2012
Institute of Certified Public Accountants of Uganda (231.11 KB)
(Uganda)

Oct 29, 2012
Institute of Chartered Accountants in Australia (96.21 KB)
(Australia)

Oct 29, 2012
Wirtschaftsprueferkammer (206.67 KB)
(Germany)

Oct 30, 2012
ICAS (106.23 KB)
(United Kingdom)

Oct 30, 2012
American Institute of CPAs (267.56 KB)
(United States of America)

Oct 30, 2012
Canadian Institute of Chartered Accountants (26.52 KB)
(Canada)

Nov 1, 2012
The Institute of Chartered Accountants of India (27.36 KB)
(India)

Nov 2, 2012
ICAP (51.11 KB)
(Pakistan)

Nov 2, 2012
ASSIREVI (205.45 KB)
(Italy)

Nov 3, 2012
CPA Australia (191.74 KB)
(Australia)

Nov 6, 2012
Grant Thornton International (79.27 KB)
(United States of America)

Nov 6, 2012
National Association of State Boards of Accountancy (61.55 KB)
(United States of America)

Nov 6, 2012
KPMG (143.6 KB)
(United Kingdom)

Nov 6, 2012
Chartered Accountants Regulatory Board (171.31 KB)
(Ireland)

Nov 6, 2012
Independent Regulatory Board for Auditors (812.5 KB)
(South Africa)

Nov 6, 2012
Accounting Professional & Ethical Standards Board Limited-Australia (98.39 KB)
(Australia)

Nov 6, 2012
Fédération des Experts Comptables Européens (50.14 KB)
(Belgium)

Nov 6, 2012
Denise Silva Ferreira Juvenal (127.55 KB)
(Brazil)

Nov 12, 2012
SAICA (263.11 KB)
(South Africa)

Nov 15, 2012
Ernst & Young Global Limited (117.96 KB)
(United Kingdom)

Nov 30, 2012
Instituto dos Auditores Independentes do Brasil - IBRACON (33.95 KB)
(Brazil)

Jan 23, 2013