| Standard setting
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| Institute’s roundtable discussion on IASB Discussion Paper Business Combinations – Disclosures, Goodwill and Impairment
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| Last call to join the Institute’s roundtable discussion on 6 October to share your views on the International Accounting Standards Board (IASB) Discussion Paper DP/2020/1 Business Combinations – Disclosures, Goodwill and Impairment, which sets out possible improvements to the information companies report about acquisitions and to the accounting for goodwill. Members can submit their comments on the discussion paper by 14 November.
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| Invitation to comment
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| The Institute is seeking comments on:
- The International Auditing and Assurance Standards Board (IAASB) Discussion Paper Fraud and Going Concern in an Audit of Financial Statements: Exploring the Differences Between Public Perceptions About the Role of the Auditor and the Auditor’s Responsibilities in a Financial Statement Audit by 11 December.
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| IAASB’s virtual roundtable
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| The IAASB invites interested stakeholders to listen in to a roundtable discussion on 28 September addressing differences between public perceptions and auditors' responsibilities as well as feedback on new and revised auditor reporting standards.
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| IAASB’s project update
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| The IAASB Audit Evidence Working Group has published a Project Update for ISA 500 Audit Evidence, to update stakeholders about its information gathering activities, issues identified to date, and the way forward.
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| IFAC resources on COVID-19
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| The International Federation of Accountants (IFAC) has launched various resources to support practitioners during the pandemic:
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| Invitation to comment
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| The Institute has extended the comment period for Exposure Draft of Code of Ethics for Professional Accountants – Chapter G Section 100 Professional Ethics Relevant to Anti-Money Laundering and Counter-Terrorist Financing Compliance for Accounting Professionals until 20 October. This is a component of the Institute’s proposal to enhance the risk-based supervision of accounting professionals concerning anti-money laundering and counter-terrorist financing compliance.
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| The IESBA’s July meeting
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| The meeting summary of the International Ethics Standards Board for Accountants’ (IESBA) July virtual meeting is now available.
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| Statement of intent to work together towards comprehensive corporate reporting
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| Five framework- and standard-setting institutions of international significance have co-published a shared vision of the elements necessary for more comprehensive corporate reporting and a joint statement of intent to drive towards this goal by working together.
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