Approval of International Updates for Regulating the Work of External Experts
اعتماد تحديثات دولية لتنظيم عمل الخبراء الخارجيين
The International Ethics Standards Board for Accountants (IESBA) issued updates to the International Code of Ethics concerning use of the work of external experts, clarifying expectations for the conduct and independence of external experts used in audit and other professional engagements. Under its accreditation procedures, SOCPA's Professional Ethics Committee decided on 20-08-1447 AH (corresponding to 08-02-2026) to adopt the international version for application in the Kingdom, with early application permitted subject to limited amendments set out in the adoption document. The updates add two new sections in Parts 2 and 3 of the Code, amend Sections 220 and 320, make consequential amendments to Sections 120, 230, 280, 600 and 950, and add a new Section 5390 covering ethical requirements on use of an external expert's work in sustainability assurance.
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