TAG-Audit News

Private Equity Investment in Accountancy IFAC Releases Research and Online Resource

02 Apr 2026

NEW YORK - The International Federation of Accountants (IFAC) released new global research analyzing the rapid growth of private equity (PE) investment in professional accountancy ...

Exposure Draft and Comment Letters Amendments to the Fair Value Option for Investments in Associates and Joint Ventures

02 Apr 2026

LONDON - In February 2026, the International Accounting Standards Board (IASB) published the Exposure Draft Amendments to the Fair Value Option for Investments in Associates and ...

Exposure Draft and Comment Letters Risk Mitigation Accounting—Proposed Amendments to IFRS 9 and IFRS 7

02 Apr 2026

LONDON - The International Accounting Standards Board (IASB) published the Exposure Draft Risk Mitigation Accounting, proposing amendments to IFRS 9 Financial Instruments and IFRS 7 ...

IFRS Foundation Trustees Discuss Funding, Succession and Strategy at London Meeting

02 Apr 2026

 LONDON - The International Financial Reporting Standards (IFRS) Foundation Trustees held their first plenary meeting of the year in London (March 3–5, 2026). Their ...

Exposure Draft and Comment Letters: Risk Mitigation Accounting—Proposed Amendments to IFRS 9 and IFRS 7

10 Mar 2026

LONDON - The International Accounting Standards Board (IASB) published the Exposure Draft Risk Mitigation Accounting, proposing amendments to IFRS 9 Financial Instruments and IFRS 7 ...

IPSASB Issues First Ever Public Sector Standard for Climate-related Disclosures

10 Mar 2026

IPSASB SRS 1 strengthens transparency, accountability, and decision-making for governments and public sector entities NEW YORK- Governments face risks related to climate change and ...

Tentative Agenda Decision and Comment Letters: Presentation of Taxes or Other Charges that are Not Income Taxes within the Scope of IAS 12 Income Taxes (IFRS 18)

11 Feb 2026

NEW YORK - The IFRS Interpretations Committee discussed the following matter and tentatively decided not to add a standard-setting project to the work plan. The Committee will ...

IAASB Issues Narrow-Scope Amendments Related to IESBA’s Using the Work of Experts

11 Feb 2026

LONDON - The International Auditing and Assurance Standards Board (IAASB) published narrow-scope amendments to its standards arising from the International Ethics Standards Board for ...

Asia Leads Global Confidence in Tax Fairness but Trust Gaps Persist Elsewhere in the World

11 Feb 2026

ACCA, IFAC, CA ANZ and OECD release latest Public Trust in Tax survey at IFAC Connect   LONDON - Public trust in tax remains strongest in Asia – particularly South-East ...

ISSB Issues Targeted Amendments to IFRS S2 to Support Implementation

06 Jan 2026

LONDON - The International Sustainability Standards Board (ISSB) issued targeted amendments to greenhouse gas (GHG) emissions disclosure requirements in IFRS S2 Climate-related ...

IPSASB Issues Updated IPSAS Standard to Ease First-Time Adoption

06 Jan 2026

NEW YORK - The International Public Sector Accounting Standards Board (IPSASB®), developer of IPSAS® Standards, international accrual-based accounting standards for use by ...

IAASB Publishes New Illustrative Reports to Support ISSA 5000 Implementation

06 Jan 2026

NEW YORK- The International Auditing and Assurance Standards Board (IAASB) published a new set of illustrative practitioner’s assurance reports to further support the ...

Global Accountancy Leaders Converge in Mexico City to Shape the Future of the Profession

01 Dec 2025

NEW YORK - The International Federation of Accountants (IFAC) opened IFAC Global Connect: Better Together 2025 in Mexico City, bringing together regulators, standard setters, ...

Enhanced Toolkit for PAOs to Advance Strategic Planning

01 Dec 2025

NEW YORK-  The International Federation of Accountants (IFAC) announced the second edition of the IFAC Professional Accountancy Organization (PAO) Strategy Planning Toolkit: ...

IFRS Foundation Trustees Discuss Strategic Priorities and Progress on Transformation Program to Ensure Organization is Fit for the Future

01 Dec 2025

 LONDON- The International Federation of Accountants (IFRS) Foundation Trustees met in London to exercise their governance, strategy and oversight responsibilities. They ...

IPSASB Conforms its Definition of Material

01 Dec 2025

NEW YORK - The International Public Sector Accounting Standards Board (IPSASB®), developer of IPSAS® Standards, international accrual-based accounting standards for use by ...

IFAC Launches “Opening Doors” Principles to Broaden Access to the Accountancy Profession

05 Nov 2025

NEW YORK - The International Federation of Accountants (IFAC), with support from the Global Public Policy Committee (GPPC), has released Opening Doors: Six Principles of Best ...

Narrow Scope Amendments to the ISQMs, ISAs, and ISRE 2400 (Revised) as a Result of the Revisions to the Definitions of Listed Entity and Public Interest Entity in the IESBA Code

05 Nov 2025

NEW YORK - These narrow scope amendments to the International Auditing and Assurance Standards Board (IAASB) standards revise the definition of listed entity to align with the ...

Tentative Agenda Decision and comment letters: Classification of a Foreign Exchange Difference from an Intragroup Monetary Liability (or Asset) (IFRS 18)

05 Nov 2025

LONDON – The International Financial Reporting Standards (IFRS) Interpretations Committee (Committee) discussed the following matter and tentatively decided not to add a ...

Proposed Amendments to the Industry-based Guidance on Implementing IFRS S2

02 Oct 2025

LONDON - The International Sustainability Standards Board (ISSB) published two exposure drafts proposing amendments to the SASB Standards and consequential amendments to the ...

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