Prescribed Accounting Standards and Ethics: 2023 Order

The entity type affects the permitted auditing standards

The order distinguishes permitted cross-border listed entities from other entities when prescribing auditing standards. It separately identifies quality-control and quality-management standards and the ethics code through schedules. These are different components: the auditing-standard choice does not dispense with quality management or independence obligations, and the permitted-entity definition must be checked before relying on the alternative standards route.