Technical roundup 7 August

Aug 06, 2020

 Chartered Accountants Ireland


  • IAASA has published a Consultation Paper on its proposals to issue a revised version of ISA (Ireland) 315, Identifying and Assessing the Risks of Material Misstatement.
  • IAASA has published its annual Profile of the Profession which contains statistical data regarding the eight Prescribed Accountancy Bodies (‘PABs’) within IAASA’s supervisory remit in Ireland for the year 2019.


  • The European Financial Reporting Advisory Group (EFRAG) has organised a public outreach event on 7 September 2020 to collect ad­di­tional views from con­stituents on the draft en­dorse­ment advice EFRAG plans to publish at the end of August (shortly after the pub­li­ca­tion of the amend­ments by the IASB).


  • The IASB will be holding two repeated live webinars on 17 August 2020 (09:00 and 15:00 (BST)) to discuss the second com­pre­hen­sive review of the IFRS for SMEs Standard.
  • The Financial Stability Institute (FSI) of the Bank for International Set­tle­ments (BIS) has published a paper 'Accounting standards and insurer solvency as­sess­ment' dealing with IFRS 17 'Insurance Contracts'.
  • The IASB has issued a two-part webcast that provides an overview of the amend­ments in IFRS 17.