The Accounting Professional & Ethical Standards Board (APESB) was established as an independent body in February 2006, as an initiative of CPA Australia and the Institute of Chartered Accountants Australia. CPA Australia, the Institute of Chartered Accountants Australia (ICAA) and the Institute of Public Accountants (IPA) are the three Members of the APESB as defined in APESB's Constitution.
In December 2013 IESBA released for public consultation its Proposed Strategy and Work Plan, 2014-2018. APESB's Code (APES 110) is based on the IESBA Code and is materially consistent with the IESBA Code. APESB prepared a submission in respect of this international exposure draft for IESBA's consideration. Stakeholders can review the full submission below:
Invitations are now open for membership of the APES GN 41 Management Representation Letters taskforce
APESB is seeking an independent chair to lead the organisation. It is a requirement for this position that the Chair not be a member of the professional accounting bodies. Further details are available through Pacific Search Partners.
The Accounting Professional and Ethical Standards Board (APESB) welcomes the appointment of John Cahill FCPA to the Board.
Discussion topics include: The IESBA Code's global coverage, suspected illegal acts, long association of senior personnel and rotation of key audit partners, structure of the IESBA Code, and role of National Standard Setters.