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IESBA extends comment period on proposals to strengthen international independence standards

  • IESBA (International Ethics Standards Board for Accountants) (lt gray) Image

Apr 07, 2020

On April 7, 2020, the International Ethics Standards Board for Accountants (IESBA) announced that it is extending by one month the comment period on the Exposure Drafts (EDs): "Proposed Revisions to the Non-Assurance Services Provisions of the Code and Proposed Revisions to the Fee-related Provisions of the Code". The extension will provide stakeholders who are experiencing disruptions caused by the coronavirus (COVID-19) pandemic additional time to comment.

The new comment deadline is June 4, 2020. Stakeholders who are able to submit their feedback by May 4, 2020, the original comment deadline, are encouraged to do so. 

The EDs were released on January 21, 2020 and include proposals aimed at strengthening the non-assurance services (NAS) and fee-related independence provisions of the International Code of Ethics for Professional Accountants (including International Independence Standards).

Review the press release on the IESBA's website.

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