LEAF understands the intricacies of local and international accounting frameworks and provides practical accounting solutions.
Recent Updates & News
IAASB Proposes Targeted Revisions to the ISA for Audits of Less Complex Entities
IAASB proposes targeted revisions to the ISA for LCE addressing fraud and going concern. Feedback due 17 November 2026.
IFRS for SMEs Accounting Standard: New Webcast and Module Available
IFRS Foundation releases Module 34 on Inventories and its final transition webcast for the IFRS for SMEs Accounting Standard.
IESBA Staff Publication Highlights Ethical Considerations for Accountants Using Emerging Technologies
IESBA staff publication explores ethical considerations for accountants using emerging technologies, ahead of upcoming AI guidance.
Highlights from the IAASB June 2026 Meeting
Key outcomes from the IAASB's June 2026 board meeting, including ISA 330, ISA 500, ISA 520 and LCE exposure drafts.
FICA Section Commencement and Amendment of Money Laundering and Terrorist Financing Control Regulations
FICA sections 30, 54, 55 and 70 commenced 1 July 2026, alongside amended money laundering regulations. Here's what changed.
IASB Issues Amendments Clarifying the Fair Value Option in IAS 28
IASB issues targeted amendments clarifying fair value option eligibility in IAS 28, aligning with new IFRS 18 requirements.
IRBA Exposure Draft: Proposed Guide (Revised 20XX) for Registered Auditors on Medical Scheme Assurance Engagements
IRBA issues an exposure draft guide for registered auditors on medical scheme assurance engagements. Comments are due by 27 August 2026.
IAASB Releases New ISSA 5000 Materiality FAQs to Support Consistent, Effective Application in Sustainability Assurance Engagements
IAASB publishes new FAQs on applying materiality under ISSA 5000 for sustainability assurance engagements. Here's what auditors need to know.