LATEST UPDATE IAASB Adopts New Publicly Traded Entity Definition Narrow Scope Amendments to the ISQMs, ISAs and ISRE 2400 (Revised) Published The International Auditing and Assurance Standards Board (IAASB) has released narrow scope amendments to its standards, revising the definition of listed entity, available on: https://www.iaasb.org/publications/narrow-scope-amendments-isqms-isas-and-isre-2400-revised-result-revisions-definitions-listed-entity This definition aligns with the definition in the International Ethics Standards Board for Accountants’ (IESBA) Code of Ethics for Professional Accountants (including International Independence Standards), and will amend the International Standards on Quality Management (ISQM) and International Standards on Auditing (ISAs). In addition, amendments to International Standard on Review [...]

LATEST UPDATE FSCA Conduct Standard 2 of 2025 (RF) – Conditions Prescribed in Respect of Pension Fund Benefit Administrators (Conduct Standard) The Financial Sector Conduct Authority (FSCA) has issued FSCA Conduct Standard 2 of 2025 (RF), which prescribes conditions in respect of pension fund benefit administrators. The Conduct Standard enhances the existing framework governing benefit administrators by addressing key conduct risks and aligning their regulation with other sector-specific regulatory frameworks supervised by the FSCA. The Conduct Standard may be accessed on: https://www.fsca.co.za/Regulatory%20Frameworks/Pages/Standards.aspx more LEAFQuest Advance Your Knowledge in Auditing [...]