On Nov. 24, RSA GVT issued revisions to iRBA professional code.
RSA GVT published iRBA board notice 511 on final pronouncements: revisions to the definitions of listed entity and public interest entity; technology-related revisions.
Revised definitions of listed entity and public interest entity available on iRBA website.
Technology-Related Revisions
Final pronouncement on technology-related revisions available on iRBA website.
Effectiveness
Effective for audits of financial statements for periods starting on/after Dec. 15, 2024.
Technology-related revisions to parts 1 to 3 effective as of Dec. 15, 2024.
Revisions to Part 4A technology-related revisions, effective for audits and reviews of financial statements for periods beginning on or after Dec. 15, 2024.
Conforming and consequential amendments to Part 4B re assurance engagements re underlying subject matters covering periods of time, effective for periods beginning on or after Dec. 15, 2024; otherwise, amendments effective as of Dec. 15, 2024.
