Listed Entities and PIES - AASB

Date recorded:

At its meeting on July 19, 2022, the AASB discussed issues related to the IAASB’s narrow-scope amendments project to revise the definitions of “listed entity” and “public interest entity”, and other revisions to align with recent changes to the IESBA Code. The AASB discussed: (i) revisions the IAASB made to the proposed changes to ISA 700 (Revised) and ISA 260 (Revised) in finalizing its Exposure Draft; (ii) whether there is a need for Canadian amendments to the wording in ISA 700 (Revised) and ISA 260 (Revised); and (iii) issues related to the Canadian Exposure Draft, including comment period and fatal-flaw review of the French translation. The AASB approved the Exposure Draft. The Exposure Draft is expected to be issued in early August 2022, with a comment deadline of September 16, 2022.

Review the Executive Summary on the AASB's Web site.

Correction list for hyphenation

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