Publications by year

Comment letters to other organisations

International standards in the areas of accounting and auditing are ordinarily developed through a process in which standard setters issue exposure drafts for public comment before the standards are finalised. When such exposure drafts are of particular relevance to banking supervisors, the Basel Committee analyses the proposals and offers its views in a comment letter. A number of such letters from the Basel Committee are included below, as they often have a wider interest.

Accounting

May 2007

IASB discussion paper on Fair Value Measurements PDF document



Nov 2006

IASB discussion paper – "Preliminary views on an improved conceptual framework for financial reporting: the objective of financial reporting and qualitative characteristics of decision-useful financial reporting information" PDF document



May 2006

Canadian Accounting Standards Board's discussion paper on "Measurement bases for financial accounting - measurement on initial recognition" PDF document



May 2006

Discussion paper "Management Commentary" PDF document



Mar 2005

IASB's Fair Value Option Proposal - views of the Basel Committee PDF document



Nov 2004

IASB "Comments on ED7 financial instruments disclosure proposal" PDF document



Jul 2004

IASB "Comments on the IAS 39 fair value option proposal" PDF document



Feb 2004

IASC Foundation "Identifying Issues for the IASC Foundation Constitution Review" PDF document



Nov 2003

IASB "Comments on IAS 39 macro-hedging proposal" PDF document



Nov 2003

IASB "Exposure Draft ED 5 Insurance Contracts" PDF document



Mar 2003

IASB "Exposure Draft ED2 Share-based Payment" PDF document



Oct 2002

IASB "Exposure Draft of proposed Amendments to IAS 32 and 39 on Financial Instruments Accounting, Presentation, and Disclosure" PDF document



Sep 2002

IASB "Exposure Draft of proposed Improvements to International Accounting Standards" PDF document



Sep 2001

IASB "Financial Instruments and Similar Items" (The JWG Fair Value Proposal) PDF document



Aug 2001

IASB "Proposed IAS 39 Implementation Guidance – Batch VI" PDF document



Feb 2001

IASB "Proposed IAS 39 Implementation Guidance – Batch V" PDF document



Nov 2000

IASB "Proposed IAS 39 Implementation Guidance – Batch IV" PDF document



Aug 2000

IASB "Proposed IAS 39 Implementation Guidance – Batch III" PDF document



Aug 2000

IASB "Proposed IAS 39 Implementation Guidance – Batch II" PDF document



Jul 2000

IASB "Proposed IAS 39 Implementation Guidance – Batch I" PDF document



Auditing

Dec 2007

IAASB exposure drafts ISA 220, Quality Control for an Audit of Financial Statements and ISQC 1, Quality Control for Firms that Perform Audits and Reviews of Financial Statements, and Other Assurance and Related Services Engagements PDF document



Oct 2007

IESBA exposure draft for section 290 of the code of ethics, independence – audit and review engagements and section 291 of the code of ethics, independence – other assurance engagements PDF document



Sep 2007

IAASB exposure draft ISA 200 (revised and redrafted), overall objective of the independent auditor, and the conduct of an audit in accordance with international standards on auditing PDF document



Sep 2007

IAASB exposure draft ISA 500 (redrafted), Considering the Relevance and Reliability of Audit Evidence PDF document



Jul 2007

IAASB exposure draft ISA 250 (redrafted), The Auditor's Responsibilities Relating to Laws and Regulations in an Audit of Financial Statements PDF document



Jun 2007

IAASB exposure draft ISA 550 (revised and redrafted), Related parties PDF document



Apr 2007

IAASB exposure draft ISA 540 (revised and redrafted) and the proposed withdrawal of ISA 545 PDF document



Apr 2007

IAASB exposure draft ISA 580 (revised and redrafted), written representations PDF document



Apr 2007

IESBA exposure drafts on the proposed revised section 290 of the code of ethics and the proposed new section 291 PDF document



Mar 2007

IAASB exposure drafts of redrafted International Standards on Auditing: ISA 230, Audit documentation; ISA 560, Subsequent events; ISA 610, The auditor's consideration of the internal audit function; and ISA 720, The auditor's responsibility in relation to other information in documents containing audited financial statements PDF document



Feb 2007

IAASB exposure draft ISA 260 (revised), Communication with those charged with governance, ISA 320, Materiality in planning and performing an audit, and ISA 450, Evaluation of misstatements identified during the audit PDF document



Jul 2006

IAASB exposure draft ISA 600 (revised and redrafted), the audit of group financial statements PDF document



Apr 2006

Exposure draft on 'Related Parties' PDF document



Feb 2006

Exposure draft on 'Improving the Clarity of IAASB Standards' PDF document



Oct 2005

IFAC Exposure Draft on the Proposed Revised Code of Ethics PDF document



Jul 2005

IAASB Exposure Drafts on group audits, auditor communications, modified audit opinions and the use of emphasis of matter or other matter paragraphs in the independent auditor's report PDF document



May 2005

IAASB Exposure Drafts on Materiality and Auditing Estimates PDF document



Mar 2005

IAASB Exposure Drafts on Clarity and Documentation PDF document



Apr 2004

IAASB Exposure Drafts on Group Audits and The Auditor's Report PDF document



Dec 2003

IFAC Exposure Draft on the Proposed Revised Code of Ethics PDF document



Sep 2003

IAASB Exposure Drafts on Quality Control PDF document



Apr 2003

IAASB Exposure Drafts on Audit Risk PDF document



Mar 2003

IFAC and IAASB Exposure Drafts: "Proposed Terms of Reference", "Preface to the International Standards on Quality Control, Auditing, Assurance and Related Services" and "Operations Policy No 1 - Bold Type Lettering" PDF document



Jan 2002

FAC "Auditing Fair Value Measurements And Disclosures: Proposed International Standard on Auditing" PDF document



Nov 2001

(Addendum)

IFAC "Consultation on the Public Oversight Board, Forum of Firms and Transnational Auditors Committee" PDF document



Nov 2001

IFAC "Consultation on the Public Oversight Board, Forum of Firms and Transnational Auditors Committee" PDF document



Sep 2001

IFAC "Report and Recommendations from the IAPC Review Task Force" PDF document



Jun 2001

IFAC "Code of Ethics for Professional Accountants" PDF document



Feb 2001

IFAC "The Audit of International Commercial Banks" PDF document



Oct 2000

IFAC "Code of Ethics for Professional Accountants" PDF document