Professional ethics Archives - Leaf Quality Systems (Pty) Ltd

IESBA Launches Workstream on Private Equity Investment in Accounting Firms
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IESBA Launches Workstream on Private Equity Investment in Accounting Firms

LEAF Quality Systems (Pty) Ltd2026-04-29T13:00:56+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 FirmsLEAF Quality Systems (Pty) Ltd2026-04-29T13:00:56+02:00

IAASB Issues Narrow-Scope Amendments Related to IESBA’s Using the Work of Experts
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IAASB Issues Narrow-Scope Amendments Related to IESBA’s Using the Work of Experts

Leaf Quality Systems2026-01-29T15:11:57+02:00

LATEST UPDATE IAASB Issues Narrow-Scope Amendments Related to IESBA’s Using the Work of Experts The International Auditing and Assurance Standards Board (IAASB) has published narrow-scope amendments to its standards arising from the International Ethics Standards Board for Accountants’ (IESBA) Using the Work of an External Expert project. These narrow-scope amendments are available on: https://www.iaasb.org/publications/narrow-scope-amendments-iaasb-standards-arising-iesba-s-using-work-external-expert-project They respond to the IESBA’s recently approved revisions to its International Code of Ethics for Professional Accountants (including International Independence Standards), which introduced, among others, explicit ethical requirements for using the work of external experts in audit, assurance, and non-assurance engagements. The IAASB’s updates [...]

IAASB Issues Narrow-Scope Amendments Related to IESBA’s Using the Work of ExpertsLeaf Quality Systems2026-01-29T15:11:57+02:00

IESBA Issues Staff Alert – Private Equity Investment in Accounting Firms, and Related Ethical and Independence Considerations
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IESBA Issues Staff Alert – Private Equity Investment in Accounting Firms, and Related Ethical and Independence Considerations

Leaf Quality Systems2025-08-28T15:38:48+02:00

LATEST UPDATE Private Equity Investment in Accounting Firms, and Related Ethical and Independence Considerations Private equity (PE) investment in accounting firms has grown significantly over the past five years in a number of major jurisdictions. Such investment may trigger ethical and independence implications, as a result of related structural, strategic and operational changes to a firm. A Staff Alert, which highlights key ethical matters that accounting firms should bear in mind when considering, or accepting investment from PE organisations has been issued by the International Ethics Standards Board for Accountants (IESBA). Titled, Private Equity Investment [...]

IESBA Issues Staff Alert – Private Equity Investment in Accounting Firms, and Related Ethical and Independence ConsiderationsLeaf Quality Systems2025-08-28T15:38:48+02:00

IESBA Staff Releases Additional Implementation Support Materials for IESSA
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IESBA Staff Releases Additional Implementation Support Materials for IESSA

Leaf Quality Systems2025-08-28T15:29:00+02:00

LATEST UPDATE IESBA Staff Releases Additional Implementation Support Materials for IESSA The staff of the International Ethics Standards Board for Accountants (IESBA) has released two implementation support publications to help sustainability assurance practitioners understand and apply the International Ethics Standards for Sustainability Assurance (including International Independence Standards) (IESSA): Key Differences: A comparison document outlining the main differences between the IESSA and the corresponding provisions of the IESBA Code applicable to audits of financial statements List of PIE Prohibitions: A list of specific prohibitions in the IESSA applicable to sustainability assurance engagements of public interest entities [...]

IESBA Staff Releases Additional Implementation Support Materials for IESSALeaf Quality Systems2025-08-28T15:29:00+02:00