IAASB Opens Public Consultation to Strengthen Auditors’ Efforts Related to Fraud

The IAASB has published a consultation document that proposes a significant strengthening of its ISA 240 (Revised) (the Exposure Draft).

The Exposure Draft is available on:

Click to access IAASB-Exposure-Draft-Proposed-ISA-240-Revised-Fraud.pdf

Comments should be submitted by 5 June 2024, using the Response Template, available on:


Comments relating to any identified issues or South Africa-specific challenges should be submitted via email to standards@irba.co.za by 10 May 2024.