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Clients’ Use of Service Organisations

2026-04-29T13:31:34+02:00

LATEST UPDATE Clients’ Use of Service Organisations In the latest issue of IRBA News, Issue 73, an article was published on insights and observations on auditing clients' use of service organisations in inspections. The article includes reflections on complexities in audits, where the use of service organisations directly impacts the audit of the user entity's financial statements; references to relevant audit requirements; and common inspections observations. The most common inspections observations include the failure by auditors to identify the use of service organisations, and identification of service organisations without obtaining sufficient audit evidence supporting the [...]

Clients’ Use of Service Organisations2026-04-29T13:31:34+02:00

Pending Disciplinary and Finalised Investigation Matters

2026-04-29T13:27:40+02:00

LATEST UPDATE Pending Disciplinary and Finalised Investigation Matters In the latest issue of IRBA News, Issue 73, eight disciplinary matters pending disciplinary hearings and 22 finalised investigation matters were reported. Current open matters involve eight categories of improper conduct. The most common charge is failure to exercise due care and skill. Other frequent charges include insufficient appropriate audit evidence, dishonesty and integrity issues, as well as non-declaration of assurance work. Tax and accounting issues, independence, the Prevention and Combating of Corrupt Activities Act, and executor or trustee duties make up the remaining categories. In several [...]

Pending Disciplinary and Finalised Investigation Matters2026-04-29T13:27:40+02:00

Highlights from the March 2026 IAASB Meeting

2026-04-29T13:23:42+02:00

LATEST UPDATE Highlights from the March 2026 IAASB Meeting During the IAASB quarterly board meeting, available on: https://www.iaasb.org/meetings/iaasb-quarterly-board-meeting-0, the following was approved: The exposure draft of ISRE 2410 (Revised), available on: https://www.iaasb.org/consultations-projects/review-interim-financial-information-isre-2410 This will be published for public consultation in early May, with a 120-day comment period. The Technology Quality Management Workstream Action Plan to Develop Non-Authoritative Material, available on: chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://www.iaasb.org/_flysystem/azure-private/2026-03/0260316-Agenda-Item-3F-Approved-Tech-QM-Action-Plan.pdf This sets out the scope, approach, governance, and timeline for developing non-authoritative materials to support consistent and effective application of our quality management standards when technological tools enabled by emerging technologies are used in [...]

Highlights from the March 2026 IAASB Meeting2026-04-29T13:23:42+02:00

IFIAR Releases Report on 2025 Annual Survey of Audit Inspection Findings

2026-04-29T13:10:28+02:00

LATEST UPDATE IFIAR Releases Report on 2025 Annual Survey of Audit Inspection Findings The International Forum of Independent Audit Regulators (IFIAR) released a report on the results of its 14th annual survey of inspection findings. These findings arise from its member regulators’ individual inspections of audit firms affiliated with the six largest global audit firm networks (the Global Public Policy Committee networks or GPPC networks). IFIAR collected information about two categories of activities: inspections of firm-wide systems of quality control and inspections of individual audit engagements. IFIAR members from 52 jurisdictions contributed to the 2025 [...]

IFIAR Releases Report on 2025 Annual Survey of Audit Inspection Findings2026-04-29T13:10:28+02:00

IESBA Launches Surveys for Post-Implementation Reviews of NOCLAR Standard and the Restructured Code

2026-04-29T13:00:35+02:00

LATEST UPDATE IESBA Launches Surveys for Post-Implementation Reviews of Noclar Standard and the Restructured Code Global stakeholders are invited to share practical experience on whether the NOCLAR provisions in the IESBA Code, as well as the Restructured Code, work as intended in the public interest. Survey insights will inform IESBA’s assessment of whether any further actions are necessary regarding these standards. The Post-Implementation Reviews reflect a commitment within IESBA’s current 2024–2027 Strategy and Work Plan, available on: https://www.ethicsboard.org/publications/towards-more-sustainable-future-advancing-centrality-ethics, as well as calls from stakeholders, to evaluate the real‑world effectiveness of major ethics standards. The International [...]

IESBA Launches Surveys for Post-Implementation Reviews of NOCLAR Standard and the Restructured Code2026-04-29T13:00:35+02:00

IESBA and IAASB Clarify Link Between ISQM 1 and FCG Viewpoints

2026-04-29T13:00:45+02:00

LATEST UPDATE IESBA and IAASB Complete Analysis on Linkages between ISQM 1 and FCG Viewpoints The analysis: Explains linkages and key differences between IESBA’s FCG viewpoints and ISQM 1 Highlights their mutually supportive nature and key differences in their objectives, scope, output and focus Was developed in close coordination with the IAASB, responding to calls from stakeholders. The International Ethics Standards Board for Accountants (IESBA) has released the complete analysis of the linkages, available on: https://www.ethicsboard.org/publications/linkages-between-iesba-viewpoints-and-isqm-1 between the International Standard on Quality Management (ISQM) 1, available on: https://www.iaasb.org/publications/international-standard-quality-management-isqm-1-quality-management-firms-perform-audits-or-reviews and the IESBA’s Firm Culture and Governance [...]

IESBA and IAASB Clarify Link Between ISQM 1 and FCG Viewpoints2026-04-29T13:00:45+02:00

IESBA Launches Workstream on Private Equity Investment in Accounting Firms

2026-04-29T13:00:56+02:00

LATEST UPDATE IESBA Launches Workstream on Private Equity Investment in Accounting Firms IESBA will analyse ethical and independence implications of private equity investment in accounting firms. It will assess the need for standard setting on alternative practice structures. In its March meeting, IESBA also agreed to develop new guidance on technology and AI, enhance its support for global implementation of the sustainability standards, and review the practical implementation of key ethics standards. The International Ethics Standards Board for Accountants (IESBA) has agreed to launch a dedicated workstream to analyse issues relating to private equity investment [...]

IESBA Launches Workstream on Private Equity Investment in Accounting Firms2026-04-29T13:00:56+02:00

New IRBA Data Reveals What Really Drives Audit Quality in South Africa

2026-04-29T13:01:06+02:00

LATEST UPDATE New IRBA Data Shows how Independence, Resourcing and Review Practices are Shaping Audit Quality in South Africa The Independent Regulatory Board for Auditors (IRBA) has released its 2025 Audit Quality Indicators (AQI) Survey Report, providing insights into the key operational and behavioural factors that influence audit quality across audits of public interest entities in South Africa. Now in its seventh year, the AQI Survey draws on data submitted by 14 audit firms covering some 536 completed public interest entity audits. The 2025 results highlight how decisions relating to auditor independence, resourcing, supervision and [...]

New IRBA Data Reveals What Really Drives Audit Quality in South Africa2026-04-29T13:01:06+02:00

IESBA launches Firm Culture and Governance Viewpoints 

2026-01-29T15:56:12+02:00

LATEST UPDATE IESBA launches Firm Culture and Governance Viewpoints  The International Ethics Standards Board for Accountants (IESBA) recently launched its viewpoints on firm culture and governance, initiating a six-month global dialogue on ethical culture focusing on the 2028 – 2031 strategy, sustainability ethics, firm governance, private equity, technology, and emerging risks and trends. The IESBA Viewpoints, Firm Culture and Governance Dialogues, is an IESBA publication designed to support global, dialogue-driven engagement on the organisational drivers of ethical behaviour in accounting firms. Building on IESBA’s Viewpoints across eight core elements of firm culture and governance, the [...]

IESBA launches Firm Culture and Governance Viewpoints 2026-01-29T15:56:12+02:00

SAICA releases AI Ethics Case Studies – Part 1

2026-01-29T15:47:32+02:00

LATEST UPDATE SAICA releases AI Ethics Case Studies – Part 1 SAICA has recently released a guidance document titled, AI Ethics Case Studies - Part 1, available on: https://saicawebprstorage.blob.core.windows.net/uploads/SAICA-AI-Ethics-Case-Studies-2025-Part-1.pdf The purpose of this guidance document is to provide professionals and trainees with clear, practical, and principle-based direction for navigating the complex ethical challenges arising from the use, adoption, design and governance of AI within the accountancy profession, and broader business sector. The guidance is intended to support sound judgment and compliance with the SAICA Code, and to promote responsible, trustworthy, and public interest-driven technology use [...]

SAICA releases AI Ethics Case Studies – Part 12026-01-29T15:47:32+02:00

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