Exposure Drafts

IAASB

• IAASB Seeks Public Comment on Conforming Amendments to the International Standards as a result of the Revised IESBA Code
  The IAASB is requesting public comments on its Exposure Draft focused on conforming amendments to the International Standards as a result of the revised IESBA Code. Comments are due by 10 January 2020.

• The IAASB’s Exposure Drafts for Quality Management at the Firm and Engagement Level, Including Engagement Quality Reviews

• Consultation Paper, Extended External Reporting Assurance

• The IAASB seeks public comment on Exposure Draft on Agreed-Upon Procedures The IAASB released Exposure Draft: Proposed ISRS 4400 (Revised), Agreed-Upon Procedures Engagements for comment by 15 March 2019.

• IAASB releases Exposure Draft, ISA 315 (Revised), Identifying and Assessing the Risks of Material Misstatement This exposure draft is available on the IAASB's website. Comments are requested by 2 November 2018.

• IAASB Working Group seeks input on the Growing Use of Data Analytics audits

IRBA

• IRBA Proposed Guide for Registered Auditors: Joint Audit Engagements The IRBA released the Proposed Guide for Registered Auditors: Joint Audit Engagements for exposure for public comment by 6 March 2020.

• IRBA Proposed Guide for Registered Auditors: Engagements on Legal Practitioners' Trust Accounts (Revised November 2019)
  The IRBA released this proposed Revised Guide for exposure for public comment by 5 February 2020.

• Exposure Draft: Proposed SAAPS 4, Letters of Specific Inquiry to the Entity’s External Legal Practitioner Regarding Litigation and Claims Involving the Entity

• Exposure Draft: Proposed Amendments to Section 321 of the IRBA Code of Professional Conduct for Registered Auditors (Revised November 2018): Second Opinions The IRBA released proposed amendments relating to Second Opinions for public comment by 5 February 2019.

• Proposed Guide for RAs Considerations for an Auditor or Reviewer of a Company which is Factually Insolvent 

Archives

• IAASB Issues Public Survey to Inform Its Work Plan for 2017 – 2018
• Proposed Revised Guide for RAs relating to the Financial Advisory and Intermediary Services Act The IRBA released the Proposed Revised Guide for public comment by 7 March 2019.
• Exposure Draft: Proposed South African Auditing Practice Statement (SAAPS) 3  (Revised 2019), Illustrative Reports The IRBA released SAAPS 3 (Revised 2019) for public comment by 28 February 2019.
• Proposed Guide for RAs: Assurance Engagements on the Fresh Produce Agents' Trust Accounts The IRBA released the Proposed Guide for public comment by 15 March 2019.
• The IRBA issues for public comment the proposed revised guide relating to Medical Schemes The document provides guidance on performing an assurance engagement on the annual financial statements and annual statutory returns of a medical scheme. Comments are due by 10 August 2018.
• Exposure Draft: Proposed International Standard on Auditing 540 (Revised), Auditing Accounting Estimates and Related Disclosures
• Proposed Revised Guide for Registered Auditors Engagements on Attorneys' Trust Accounts
• IRBA issues Exposure Draft: Proposed SAAEPS 1, Sustainability Assurance Engagement Concepts: Evaluating the Rational Purpose, the Appropriateness of the Underlying Subject Matter and the Suitability of Criteria. Comments are requested by 29 March 2018.
• IRBA issues Proposed Revised Guide for Registered Auditors: Access to Working Papers. Comment are requested by 28 February 2018.