Definition of Engagement Team and Group Audits
This project aims to strengthen and clarify the independence principles in the Code of Ethics that apply to individuals and firms for the audit of group financial statements. The project will also amend the definition of Engagement Team to align with auditing and assurance standards, and also clarify the implications of this change and the independence requirements that apply.
Related Documents:
Exposure Draft 01/23Technical Alert
Project Stages
Proposed revisions to the Code relating to the definition of Engagement Team and Group Audit is based on an IESBA project.
Please refer to Project Development Tab for information on this project.
Exposure Draft
Proposed Revisions to APES 110 Code of Ethics for Professional Accountants (including Independence Standards) Relating to the Definition of Engagement Team and Group Audits
Project Status
Project in progress.
APESB mobile app
Access APESB pronouncements on the go.
Register for APESB Updates
