ISCA Comment Letters

Our Views

The ISCA Technical Division monitors developments in the ethics landscape and issuance of new exposure drafts, consultation papers and proposed pronouncements by the International Ethics Standards Board for Accountants (IESBA) and other regulatory bodies like the Accounting and Corporate Regulatory Authority (ACRA). The following is a compendium of ISCA comment letters submitted to the IESBA and other regulatory bodies in response to their proposals. These responses encompass the views of different relevant stakeholders groups in Singapore affected by the proposals, which are gathered by ISCA via various outreach platforms.

Comment Letters to IESBA and Other Regulatory Bodies Month of Submission
SGX RegCo Consultation on Enhancements to Enforcement and Whistleblowing Frameworks Sep 20
Consultation paper  
Comment Letter to SGX RegCo  
   
IESBA Proposed Revisions to the Fee-Related Provisions of the Code Jun 20
Exposure Draft  
Comment Letter to IESBA  
   
IESBA Proposed Revision to the Non-Assurance Services Provisions of the Code Jun 20
Exposure Draft  
Comment Letter to IESBA  
   
IESBA Proposed Revision to the Code Addressing the Objectivity of Engagement Quality Reviewers Mar 20
Exposure Draft  
Comment Letter to IESBA  
   
IESBA Proposed Revisions to the Code to Promote the Role and Mindset Expected of Professional Accountants Oct 19
Exposure Draft  
Comment Letter to IESBA  
   
IESBA Proposed Revisions to Part 4B of the Code to Reflect Terms and Concepts Used in ISAE 3000 (Revised) Jun 19
Exposure Draft  
Comment Letter to IESBA  
   
IESBA Professional Skepticism – Meeting Public Expectations Aug 18
Exposure Draft  
Comment Letter to IESBA  
   
IESBA Proposed Strategy and Work Plan 2019-2023 Jul 18
Exposure Draft  
Comment Letter to IESBA  
   
IESBA Improving the Structure of the Code of Ethics for Professional Accountants—Phase 2 May 17
Exposure Draft  
Comment Letter to IESBA  
   
IESBA Proposed Revisions to Clarify the Applicability of Provisions in Part C of the Extant Code to Professional Accountants in Public Practice Apr 17
Exposure Draft   
Comment Letter to IESBA  
   
IESBA Proposed Revisions Pertaining to Safeguards in the Code—Phase 2 and Related Conforming Amendments Apr 17
Exposure Draft  
Comment Letter to IESBA  
   
MOF's and ACRA's Proposed Changes to the Companies Act, Limited Liability Partnerships Act and Accountants Act Jan 17
Consultation Paper  
Comment Letter to MOF and ACRA  
   
IESBA Limited Re-exposure of Proposed Changes to the Code Addressing the Long Association of Personnel with an Audit Client Jun 16
Exposure Draft  
Comment Letter to IESBA  
   
IESBA Improving the Structure of the Code of Ethics for Professional Accountants— Phase 1 Apr 16
Exposure Draft  
Comment Letter to IESBA  
   
IESBA Proposed  Revisions Pertaining to Safeguards in the Code - Phase 1 Mar 16
Exposure Draft  
Comment Letter to IESBA  
   
IESBA Responding to Non-Compliance with Laws and Regulations Sep 15 
Exposure Draft  
Comment Letter to IESBA  
   
IESBA Proposed Changes to Part C of the Code Addressing Presentation of Information and Pressure to Breach the Fundamental Principles Apr 15
Exposure Draft  
Comment Letter to IESBA  
   
IESBA Consultation Paper on Improving the Structure of the Code for Professional Accountants Jan 15
Exposure Draft  
Comment Letter to IESBA  
   
IESBA Proposed Changes to Certain Provisions of the Code Addressing the Long Association of Personnel with an Audit or Assurance Client Nov 14
Exposure Draft  
Comment Letter to IESBA  
   
IESBA Proposed Changes to Certain Provisions of the Code Addressing Non-Assurance Services for Audit Client Aug 14
Exposure Draft  
Comment letter to IESBA  
   
IESBA Consultation Paper on the Proposed Strategy and Workplan 2014-2018
Feb 14
Consultation Paper  
Comment letter to IESBA  
   
Code of Professional Conduct and Ethics Jan 14
Consultation Paper
 
Comment letter to ACRA