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Recent Updates & News
ISA 330: A Proposed Shift towards a More Genuinely Risk-based Audit
The IAASB has proposed removing paragraph 18 of ISA 330, the requirement for substantive procedures on every material balance. What does it mean for a risk-based audit?
Committee for Auditing Standards Strategy 2026-2030
IRBA's Committee for Auditing Standards approves its Strategy 2026-2030, Innovation and Collaboration for High-Quality Audits.
September 2026 IFRS for SMEs Accounting Standard Update
The September 2026 IFRS for SMEs Accounting Standard Update covers agricultural accounting, the Consolidation Exception ED, and SMEIG nominations.
IAASB and IESBA Annual Report Highlights
IAASB and IESBA release their 2025 Joint Annual Report, highlighting global stakeholder engagement and progress on international standards.
Staff Audit Practice Alert 13: Strengthening Public Sector Audits – Identifying and Responding to Public Sector-Specific Risks
IRBA issues Staff Audit Practice Alert 13, guiding registered auditors on identifying and responding to public sector-specific audit risks.
IAASB Global Webinar Series: Audit Evidence and Risk Response Public Consultation
Registration is open for the IAASB's two-part webinar series on proposed revisions to ISA 330, ISA 500 and ISA 520, running 29 September – 7 October 2026.
IAASB Announces Additional Ways to Engage on Audit Evidence and Risk Response Proposals
CIPC Notice 35 of 2026 clarifies transitional provisions for sections 30A and 30B of the amended Companies Act.
Responding to Actual or Suspected Fraud: The Specific Requirements of ISA 240 (Revised)
ISA 240 (Revised) adds a dedicated section on fraud or suspected fraud (paragraphs 55–58). Learn what auditors must do, from understanding the matter to communication and documentation.