LATEST UPDATE

Technical Overview and Fact Sheet: Using The Work of an External Expert

The International Ethics Standards Board for Accountants’ (IESBA) recently issued a pronouncement on ‘Revisions to the Code addressing using the work of an external expert’. The IRBA is currently considering possible local amendments required to the IESBA pronouncement before approving it for issue to South African registered auditors.

As part of the implementation material, the IESBA issued a technical overview and a fact sheet relating to this pronouncement:

The IESBA technical overview provides a technical summary of the recent pronouncement

The IESBA fact sheet outlines ethical guidelines for using external experts, focusing on their competence, capabilities, and objectivity to ensure quality and integrity.

The technical overview may be accessed on:

https://www.ethicsboard.org/publications/technical-overview-using-work-external-expert

The fact sheet may be accessed on:

https://www.ethicsboard.org/publications/using-work-external-expert-fact-sheet