IAASB to Consider Amendments to its International Standards in Response to IESBA's Work on NOCLAR

Jun 02, 2015 | New York, NY | English

At its upcoming meeting on June 15–19, 2015, the IAASB will discuss matters related to the International Ethics Standards Board for Accountants’® (IESBA®) proposals related to responding to non-compliance with laws and regulations (NOCLAR).

The IESBA’s proposals are open for comment through September 4, 2015.

During the June 2015 meeting, the IAASB will be asked to consider and approve a project proposal, as well as the proposed amendments to the International Standards. If approved, it is anticipated that these proposed amendments will be issued in July 2015 and exposed for a period of 90 days.  

The IAASB Consultative Advisory Group will discuss the topic at a special teleconference to be held on June 10, 2015. Due to the limited nature of these proposed changes, the IAASB is unlikely to hold a public forum, roundtable or other initial information-gathering activities. Rather, stakeholders are encouraged to respond to the exposure draft when issued and, if considered necessary, provide feedback to IAASB staff in advance of the upcoming meeting.

Contact IAASB Senior Technical Manager Brett James, brettjames@iaasb.org.  




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