IPSAS 41, Financial Instruments, establishes new requirements for classifying, recognizing and measuring financial instruments to replace those in IPSAS 29, Financial Instruments: Recognition and Measurement.
IPSAS 41 provides users of financial statements with more useful information than IPSAS 29, by:
New York, USA
New York, USA
Nashville, Tennessee
New York, USA
The following slide deck presents an overview of the revised and restructured Code of Ethics.
00:12 - Introduction: Diane Jules, IESBA Deputy Director
00:56 - Highlights & Key Developments: Stavros Thomadakis, IESBA Chairman
04:23 - eCode: Don Thomson, eCode Working Group Chair
06:41 - Non-Assurance Services: Jens Poll, Working Group Member
11:48 - Fees: Ian McPhee, Working Group Chair
15:25 - Professional Skepticism: Patricia Mulvaney, Working Group Member
19:35 - Closing Remarks: Diane Jules
Established May 2000
The IFAC Transnational Auditors Committee (TAC) serves as the official link between IFAC and the Forum of Firms (FoF, Forum). It is broadly responsible for implementing and advancing the Forum's objectives and operations. It also plays a major role in encouraging Forum members to conduct high-quality international audits by requiring the commitment to comply with certain international standards as a condition of membership.
The TAC also supports audit quality by:
Small- and medium-sized practices (SMPs) are a critically important part of the accounting profession and constitute the vast majority of accountancy practices worldwide. A strong SMP constituency can contribute to increased choice and competition in the market for professional services.
Professional accountants in business comprise a significant part of the profession working in commerce, industry, financial services, education, and the public and not-for-profit sectors. The Professional Accountants in Business (PAIB) Advisory Group focuses on ensuring these accountants meet the future needs of business and the public sector.