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IRBA: Adoption of the IAASB's 2025 Handbook
- 02 July 2026
- Auditing and Assurance
- South African Accounting Academy
Summary:
The Independent Regulatory Board for Auditors (IRBA) has resolved to adopt, issue and prescribe the International Auditing and Assurance Standards Board (IAASB's) 2025 Handbook of International Quality Management, Auditing, Review, Other Assurance, and Related Services Pronouncements.
Article:
This includes the following publications:
- Handbook of International Quality Management, Auditing, Review, Other Assurance, and Related Services Pronouncements, 2025 Edition, Volume 1 https://www.irba.co.za/upload/IAASB-2025-Handbook-Volume-1.pdf
- International Standards on Quality Management (ISQMs)
- Audits of Historical Financial Information:
- International Standards on Auditing (ISAs)
- International Auditing Practice Notes (IAPNs)
- Handbook of International Quality Management, Auditing, Review, Other Assurance, and Related Services Pronouncements, 2025 Edition, Volume 3 https://www.irba.co.za/upload/IAASB-2025-Handbook-Volume-3.pdf
- New Standard Not Yet Effective
- International Standard on Sustainability Assurance (ISSA) 5000, General Requirements for Sustainability Assurance Engagements Assurance Engagements other than Audits or Reviews of Historical Financial Information
- International Standard on Sustainability Assurance (ISSA) 5000, General Requirements for Sustainability Assurance Engagements
- Handbook of International Quality Management, Auditing, Review, Other Assurance, and Related Services Pronouncements, 2025 Edition, Volume 4 https://www.irba.co.za/upload/IAASB-2025-Handbook-Volume-4.pdf
- Audits and Reviews of Historical Financial Information
- International Standards on Review Engagements (ISREs)
- Assurance Engagements other than Audits or Reviews of Historical Financial Information
- International Standards on Assurance Engagements (ISAEs)
- Related Services
- International Standards on Related Services (ISRSs)
- Handbook of International Quality Management, Auditing, Review, Other Assurance, and Related Services Pronouncements, 2025 Edition, Volume 5 https://www.irba.co.za/upload/IAASB-2025-Handbook-Volume-5.pdf
- A Framework for Audit Quality: Key Elements that Create an Environment for Audit Quality
- Amended International Framework for Assurance Engagements
The latest edition of the handbook also includes:
- International Standard on Auditing (ISA) 240(Revised), The Auditor’s Responsibilities Relating to Fraud in an Audit of Financial Statements
- ISA 570 (Revised 2024),Going Concern; and
- International Standard on Sustainability Assurance5000, General Requirements for Sustainability Assurance Engagements.
The Handbook of International Quality Management, Auditing, Review, Other Assurance, and Related Services Pronouncements, 2025 Edition, Volume 2, which includes the ISA for Audits of Financial Statements of Less Complex Entities, has not been adopted, issued or prescribed for use in South Africa.
Access the IRBA Communiqué at https://www.irba.co.za/upload/report_files/35.-Communique---IAASB-Handbook-2025.pdf
Click here to download the relevant Volumes of the 2025 IAASB Handbook:
https://www.irba.co.za/handbooks-of-international-standards/2025-handbook-of-international-standards
Relevance to Auditors, Independent Reviewers & Accountants:
- As an auditor and independent reviewer, you need to comply with International Standards on Auditing and other Assurance Services, and thus you need knowledge of newly revised standards that are approved as well as when they become effective.
- Failure to adhere to ISAs may be interpreted as negligence and you could be held liable.
- Auditors, Independent Reviewers and Accountants should be aware of the latest versions of handbooks containing standards issued by regulators and standard-setting boards, such as the IAASB Handbook.
- SA RAs should especially be aware when the international pronouncements are adopted by IRBA for use in SA.