Experts Narrow-Scope Amendments

This is a narrow scope maintenance of standards project to consider targeted amendments to IAASB standards arising from recently approved revisions to the International Ethics Standards Board for Accountants’ (IESBA) International Code of Ethics for Professional Accountants (including International Independence Standards) (IESBA Code) related to using the work of an external expert. The IESBA’s explicit introduction of ethical requirements in relation to using the work of external experts in audit, assurance and non-assurance engagements, may necessitate amendments to IAASB standards to ensure that the two Boards’ standards can continue to be effectively applied together.

Project Timeline

Please note that these milestones are targets and are subject to change.

Current Status of the Project

The project kicked-off in December 2024.

At its December 2024 meeting:

• The IAASB received an overview of the final provisions in the International Ethics Standards Board for Accountants (IESBA) International Code of Ethics for Professional Accountants (including International Independence Standards) (the Code) relating to using the work of an external expert.
• Discussed the purpose and scope of the project to consider narrow-scope amendments to IAASB standards.

At the March 2025 meeting, the IAASB will be discussing the approval of the project proposal.

Project Team Information

IAASB Staff Contacts

• Dan Montgomery
• Kazuko Yoshimura