Perspectives on the Way Forward for Strengthening the Oversight and Operations of the International Audit & Assurance and Ethics Standards Boards

A good deal of constructive thought, consultation with key stakeholders and analysis has gone into the Monitoring Group’s review of international standard setting since the process began in early 2015.

Informed by these analyses, consultations and roundtables, IFAC developed a paper, “Perspectives on the Way Forward for Strengthening the Oversight and Operations of the International Audit & Assurance and Ethics Standards Boards” that aims to identify concerns and propose improvements.

The Way Forward, a constructive step forward in enhancing the standard setting process, is consistent with IFAC’s mission to serve the public interest by contributing to and promoting the development, adoption and implementation of high-quality, international standards.