ISCA Issues Audit Bulletin (AB) 9 Inclusion Of Public Accountant’s Name In Auditor’s Report
Section 59A of the Accountants Act applies to auditor’s reports dated on or after 6 May 2026. Under the new requirement, public accountants and accounting entities that fall within the scope of Section 59A(4) must clearly state the full name of the public accountant responsible for the audit engagement, regardless of the auditing standards applied. Previously, this requirement was only applicable for listed entities under the SSAs.
Since the requirement took effect, ISCA has received a number of practical queries from practitioners on its application in different circumstances.
To support consistent implementation across the profession, AB 9 addresses these frequently asked questions and assist public accountants in applying the new requirements.
IAASB Issues ISSA 5000 FAQs On Applying Materiality In Sustainability Assurance Engagements
IAASB has released a new FAQ publication to support implementation of ISSA 5000 General Requirements for Sustainability Assurance Engagements. The FAQs provide guidance and examples on applying materiality in sustainability assurance engagements, including:
IESBA Snapshot: Ethics And Independence Approach To The Use Of Technology
The snapshot explains that the existing IESBA Code remains applicable in a technology-driven environment and continues to provide a principles-based framework for addressing evolving risks such as bias, reduced accountability, and threats to independence.
IESBA Snapshot: Firm Culture And Governance Project
The snapshot outlines IESBA’s Firm Culture and Governance (FCG) Project, which aims to develop a global, principles-based FCG framework to help firms build and sustain a strong ethical culture across the whole firm. Following extensive research and stakeholder engagement, IESBA has decided to pursue a targeted update to the Code, with an exposure draft (ED) planned in December 2026 for public consultation.
IESBA Decoding Ethics Podcast
In Episode 6 of Decoding Ethics, host Jeanne Viljoen is joined by Samantha Gloede, Global Head of Risk Services and Head of Trusted AI at KPMG, to explore how organisations can govern AI responsibly while accelerating innovation.
June 2026 IFRS For SMEs Accounting Standard Update Available
This edition of the Update includes (i) an overview of the recently published ED Consolidation Exception, which is open for comments until 9 September 2026, and (ii) other educational resources published to support implementation of the IFRS for SMEs Accounting Standard.
New Webcast And Modules For IFRS For SMEs Accounting Standard
This webcast provides an overview of other amendments to the IFRS for SMEs Accounting Standard. The modules cover Inventories (Module 13), Provisions and Contingencies (Module 21), Foreign Currency Translation (Module 30), and Property, Plant and Equipment (Module 17).
IASB Video On Preparing For IFRS 20 Implementation
The video features IASB Vice-Chair Linda Mezon-Hutter sharing practical insights on how companies can prepare for IFRS 20 Regulatory Assets and Regulatory Liabilities.
IASB Issues Amendments Clarifying The Fair Value Option In IAS 28
IASB has issued targeted amendments to IAS 28 to clarify the application of the fair value option for investments in associates and joint ventures. The amendments are effective upon first-time application of IFRS 18.
June 2026 IASB And IASB-FASB Update, IASB Podcast And IFRIC Update Available
The June 2026 IASB Update and IASB podcast feature IASB Chair Andreas Barckow and IASB Vice-Chair Linda Mezon-Hutter discussing key highlights from the IASB meeting in June 2026, including Equity Method and Post-Implementation Review of IFRS 16. The June IFRIC Update covers eight new tentative agenda decisions which are open for comments until 9 September 2026.
July 2026 Agenda And Meeting Papers Available
ISCA Responds To GHG Protocol’s Action And Market Instruments (AMI) Request For Information (RFI)
In our response to GHG, we recognised the need for more comprehensive and transparent accounting of physical GHG inventory emissions, as well as emissions-related information on the actions and market instruments used in an organisation’s decarbonisation strategies.
We recommended making certain elements of the proposed multi-statement GHG reporting structure mandatory, with the remaining elements applied on a voluntary or “comply or explain” basis. We also suggested that the GHG Protocol work closely with the International Sustainability Standards Board (ISSB) and other established frameworks and standards to ensure interoperability.
Q2 2026 ISSB Implementation Insights Podcast Available
In this podcast, ISSB Vice-Chair Sue Lloyd, and ISSB Technical staff Greg Bartholomew and Sara Macferran share discussions on the latest resources available to support companies applying ISSB Standards, requirements for companies disclosing information about biogenic emissions and the work of the GHG Protocol.
June 2026 ISSB Update And Podcast Available
In this ISSB Update and Podcast, ISSB Chair Emmanuel Faber and ISSB Vice-Chair Sue Lloyd share on topics discussed at the ISSB meeting in June 2026, which include the proposed way forward for nature-related disclosures following the June ISSB meeting. They also share insights from recent engagements and discuss progress in the use of ISSB Standards around the world.
