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International News
New FAQ on Going Concern Now Available from IAASB
15 May 2025
IAASB has published a new FAQ to support stakeholders as they implement ISA 570 (Revised 2024), Going Concern. The FAQ document addresses key questions on the enhanced auditor reporting model for going concern that is included in the revised standard.
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International News
IAASB Announces Withdrawal of ISAE 3410 for Assurance Engagements on Greenhouse Gas Statements
13 May 2025
The withdrawal of ISAE 3410 follows the issuance of International Standard on Sustainability Assurance (ISSA) 5000, General Requirements for Sustainability Assurance Engagements, which covers assurance requirements across all types of sustainability information.
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International News
More Global Companies Seek Assurance on Sustainability Reporting, Study by IFAC, AICPA & CIMA Shows
13 May 2025
73% of large companies from G20 countries obtained assurance on their sustainability disclosures in 2023, up from 69% the previous year, according to the report, The State of Play: Sustainability Disclosure and Assurance, (Five-Year Trends and Analysis, 2019-2023).
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International News
IFIAR Releases 2025 Report on the Use of Technology in Audits
05 May 2025
This report presents information and perspectives on the use of technology in audits.
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International News
IAASB Strengthens Auditor Responsibilities for Going Concern through Revised Standard
09 Apr 2025
The IAASB issued ISA 570 (Revised 2024), Going Concern on 9 April 2025. The revised standard is effective for audits of financial statements for periods beginning on or after 15 December 2026.
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International News
IAASB Releases First-Time Implementation Guide for the ISA for LCE
27 Mar 2025
The guide provides an overview of the standard’s concepts, structure, and format.
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International News
IAASB Issues New Guidance on ISSA 5000, General Requirements for Sustainability Assurance Engagements
03 Feb 2025
Following the issuance of ISSA 5000, the IAASB released new guidance to support practitioners in the implementation of the standard.
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International News
IAASB Publishes ISSA 5000, General Requirements for Sustainability Assurance Engagements
12 Nov 2024
The International Auditing and Assurance Standards Board (IAASB) published the International Standard on Sustainability Assurance (ISSA) 5000, General Requirements for Sustainability Assurance Engagements.
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International News
IAASB Unveils New Technology Position to Shape the Future of Audit and Assurance Standards
09 Oct 2024
The International Auditing and Assurance Standards Board (IAASB) announced the adoption of a new Technology Position that will guide how the IAASB adapts its work to embrace the intersection of audit, assurance, and technology. This new position marks a significant step forward in the IAASB’s ongoing commitment to enhancing the quality and relevance of its standards in the face of rapid technological advancement.
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International News
IFAC Releases Third Installment in Implementation Support Series for Small Firms on the IAASB's Quality Management Standards
30 Sep 2024
The International Federation of Accountants (IFAC) released the third and final installment in a three-part publication series to help small and medium-sized practices implement the International Auditing and Assurance Standards Board’s (IAASB) quality management standards. Installment Three: Monitoring and Remediation provides tips and guidance for the practical implementation of the monitoring and remediation of a firm’s system of quality management.
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