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International Auditing and Assurance Standards Board |
The International Auditing and Assurance Standards Board (IAASB) serves the public interest by:
- setting, independently and under its own authority, high quality standards dealing with auditing, review, other assurance, quality control and related services, and
- facilitating the convergence of national and international standards.
This contributes to enhanced quality and uniformity of practice in these areas throughout the world, and strengthened public confidence in financial reporting.
The IAASB's objective, scope of activities and membership are set out in its Terms of Reference. They are also summarized in a fact sheet. A brief history of the IAASB is also available.
The Public Interest Oversight Board oversees the work of the IAASB.
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IAASB Pronouncements
The IAASB follows a rigorous due process in developing its pronouncements. Input is obtained from the IAASB's Consultative Advisory Group, national auditing standard setters, IFAC member bodies and their members, and the general public. Exposure drafts of proposed pronouncements are placed on the website and widely distributed for public comment. For each final pronouncement, the IAASB issues a separate document explaining its basis of conclusions with respect to comments received on an exposure draft.
All IAASB pronouncements may be downloaded free-of-charge from the IFAC online bookstore.
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Projects
The IAASB Project Timetable provides a timetable of publications expected in 2008.
Project histories are provided for the information and convenience of those who wish to follow the development of a project. These histories reflect current discussions and may be changed at future IAASB meetings. Decisions become final only after approval of the issue of an exposure draft of a proposed pronouncement or a final pronouncement.
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Key Contacts
Arnold Schilder, IAASB Chair (arnoldschilder@ifac.org)
Jim Sylph, Executive Director, Professional Standards (jimsylph@ifac.org)
For a complete list of IAASB members, click here.
A Steering Committee advises the IAASB on matters of strategic and operational importance.
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