Proposed Revision of the Independence Standards relating to Other Assurance Engagements (Part 4B)
Key revisions to Part 4B of the Code include amendments to requirements and application paragraphs to reflect the two types of assurance engagements, attestation engagements and direct engagements, which are referred to in auditing and assurance standards. These amendments clarify the independence requirements for attestation engagements and amend the definition of an Assurance Engagement.
The project is now complete and the Amending Standard was issued on 30 September 2020 with an effective date of 1 July 2021.
Related Documents:
Technical AlertExposure Draft 01/20
| Comment | |
|---|---|
| Ernst & Young | View |
| Institute of Public Accountants | View |
| CPA Australia | View |
Project Stages
Board Papers 2020
Proposed Amendments to Part 4B of APES 110 Code of Ethics for Professional Accountants (including Independence Standards) is based on an IESBA project.
Please refer to Project Development TAB for information on this project.
Board Papers 2020
Proposed amendments to Part 4B of the Code (BM 100 Jun 2020)
Submission to IESBA
APESB's submission to IESBA on Proposed Revisions to Part 4B of the Code - 08/07/2019
ED 01/20 - Closed for Comment
Exposure Draft
Proposed Amendments to Part 4B of APES 110 Code of Ethics for Professional Accountants (including Independence Standards)
Project Completed
Amending Standard issued September 2020
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