IESBA: Summary of Prohibitions in the IESBA Code for Audits of PIEs

IESBA: Summary of Prohibitions in the IESBA Code for Audits of PIEs

• 20 March 2024
• Ethics and Professionalism
• South African Accounting Academy

The high-level summary is designed to highlight non-assurance services, relationships, interests or circumstances that are prohibited for PIE audits.

It will be a useful reference to stakeholders, including regulators and audit oversight bodies, audit firms and individual audit practitioners, the corporate governance community, investors, preparers, and educational bodies or institutions.

The high-level summary is not a substitute for reading the Code. Footnote references to the relevant provisions in the Code have been provided to assist further understanding of the prohibitions.

Click here to download the Summary document:

https://ifacweb.blob.core.windows.net/publicfiles/2024-03/Summary%20-%20Prohibition%20List%20for%20PIE%20Audit%20Clients%20%28Final%29.pdf

Relevance to Auditors, Independent Reviewers & Accountants:

• As an accountant, auditor and independent reviewer, you need to be aware of and consider the information contained in publications by various professional bodies and standard-setters, e.g. IESBA, IAASB, etc. – so that you can apply this in the performance of your duties.

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