Audit Conduct

call (631) 849-2392

IESBA roundtables to discuss two issues: nonassurance services and professional skepticism

The International Ethics Standards Board for Accountants (IESBA) plans to hold three (3) roundtable discussions in Washington, DC, Paris and Tokyo to discuss two important issues.

Non-Assurance Services (NAS)To enhance auditor independence, how best to delineate both the boundaries and types of NAS auditors can provide to their audit clients? Auditor independence is critical to public trust in audited financial statements. The IESBA has launched a NAS initiative to explore broad permissibility under its International Code of Ethics for Professional Accountants (including International Independence Standards) (the Code) in response to global regulatory developments and calls from stakeholders and the Public Interest Oversight Board.

Professional Skepticism How best to meet public expectations for all professional accountants, including auditors, to exercise “professional skepticism”? The IESBA launched an initiative to explore: the behavioral characteristics inherent in professional skepticism; whether those characteristics should be applied by all professional accountants; and whether the Code should be further developed.

The roundtables will be held in:

  • Washington, D.C., USA on June 11, 2018; 
  • Paris, France on June 15, 2018; and 
  • Tokyo, Japan on July 12, 2018. 

For more information and to register your interest in attending a roundtable discussion, click here.