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Key Updates in Professional Standards: What You Need to Know for 2026!
Professional Standards Update.
Jan 15, 2026
Professional Standards Update – SIA The Samoa Institute of Accountants advises that the Council has approved the following:
- ISA for Less Complex Entities (LCE ISA) adopted, effective for eligible audits from 1 January 2026 (early adoption permitted);
- IFRS 17 – Insurance Contracts adoption deferred, pending further piloting, commissioning, and training;
- Sustainability Standards (IFRS S1 and IFRS S2) to continue piloting, with an intended effective date during 2026, subject to readiness.
These decisions support audit quality, proportional regulation, and Samoa’s capacity-building pathway. Issued by Council of the Samoa Institute of Accountants
Meet the Council Members
Latest Articles
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SIA Delegation with Armand Capisciolto (Co-Chair IFASS, Chair Canada’s Accounting Standard Board) Dr Keith Kendal (Co-Chair IFASS, Chair Australian Accounting Standard Board) and Prof Iki(University of Otago) -
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Become a Samoa Institute of Accountants Member
Chartered Accountant (CA)
The CA designation is the cornerstone qualification of the Samoa Institute of Accountants, recognising professionals who meet rigorous standards of education, experience, and ethics.
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Recognises experienced professionals with strong practical accounting skills, requiring a diploma in accounting and at least 10 years of relevant work experience.
Provisional Member
Your entry point into the Institute while completing the CA Program, connecting you to the professional network and development resources for up to four years.