Webinar Highlighting Proposals in the January 2021 PIE Exposure Draft

During this webinar, the IESBA’s PIE Task Force Chair, Mr. Mike Ashley, will explain key proposed changes to the definition of a public interest entity in its recently released Exposure Draft: Proposed Revisions to the Definitions of Listed Entity and Public Interest Entity in the Code (PIE ED).

The topics covered will include:

• The introduction of an overarching objective for additional independence requirements for audits of PIEs
• Approach to revising the PIE definition and the introduction of a new term “publicly traded entity” to replace “listed entity”
• Anticipated role of regulators, national standard setters and other relevant local bodies to refine the PIE definition as part of the adoption process
• Increased role of firms 

The IESBA welcomes comments on the PIE ED from all stakeholders. The comment period is due to end on May 3, 2021.