In the 90-minute webinar, Len Jui, IAASB Member and Chair of the ISA 600 Task Force, will explain the background of the project and will take you through the key proposed revisions to ISA 600 (Revised).
Please note that some time will be provided during this webinar to answer high-level questions. A follow-up webinar will be held in August 2020. In that webinar, participants will be provided with more time to ask questions about the Exposure Draft.
This webinar will be recorded and placed on the IAASB Website at a later date.
On May 15, IAASB released guidance on auditor considerations when undertaking procedures relating to subsequent events, in light of the changing environment due to the COVID-19 Pandemic.
This value-creation schematic highlights all the key elements of how IFAC creates and protects value and is based on the IFAC Strategic Plan. This diagram is comprehensive, covering all parts of IFAC’s ecosystem, and helps IFAC communicate internally and externally and explain our ecosystem.
As a result of the COVID-19 pandemic and the unprecedented sums of relief money moving across the global economy, the threat of financial crimes and malfeasance continues to grow. In this context, CPA Canada and IFAC publish this report exploring a key facet of uncovering and fighting illegal activities: beneficial ownership transparency.
Professional accountants in business and the public sector have important roles to play in leading their organizations through the current crisis and the challenging times ahead. IFAC and its members are focused on supporting accountants as they navigate these uncertain times, and as they address other ongoing opportunities and challenges facing the global profession.
To continue this conversation, the latest report from the IFAC Professional Accountants in Business (PAIB) Committee is now available: Supporting Accountants in Business & Public Sector Through Uncertain Times. It includes highlights from the 2-day virtual meeting of the PAIB Committee, which focused on key topics of relevance to accountants in business, including:
Value creation and integrated thinking;
Latest recruitment trends, evolving accountancy roles, and implications on learning and development;
Key areas of data for PAIBs;
Areas of innovation in public sector finance and accounting; and