Proposed Standards

Proposed Standards

Our Proposed Standards service keeps you informed and prepared for upcoming changes in accounting regulations. From assessing the potential impact of proposed standards to developing implementation strategies, we offer proactive guidance and support to help organizations navigate regulatory uncertainty and maintain compliance.

Overview of proposed changes to auditing and assurance standards by regulatory bodies such as the International Auditing and Assurance Standards Board (IAASB) and the Public Company Accounting Oversight Board (PCAOB).
Analysis of exposure drafts and consultation papers issued by standard-setting bodies, including the rationale behind proposed changes and potential impacts on auditors and businesses.
Discussion on stakeholder feedback and responses to proposed standards, including areas of agreement, disagreement, and areas for further consideration.
Practical guidance on how businesses and auditors can prepare for upcoming changes, including training, systems updates, and implementation plans.
Insights into the standard-setting process, including the role of stakeholders, regulatory oversight, and timelines for adoption and implementation of proposed standards.

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