Narrow Scope Amendments to ISA 700 (Revised), Forming an Opinion and Reporting on Financial Statements, and ISA 260 (Revised), Communication with Those Charged with Governance
The Public Interest Oversight Board’s (PIOB) Standard-Setting Boards Nominations Committee is now accepting applications for an upcoming vacancy on the International Auditing and Assurance Standards Board (IAASB), with the term beginning January 1, 2026. The application window remains open until May 11, 2025.
Serving as a member of the IAASB is a unique opportunity for experienced professionals from diverse backgrounds to help shape global audit, assurance, and related standards in the public interest. The PIOB welcomes applications from individuals across all sectors, including investors, corporate governance experts, regulators, national standard setters, audit practitioners, professional accountancy organizations, public sector representatives, and academia. A parallel invitation for applications has been issued for the International Ethics Standards Board for Accountants (IESBA), with the same application deadline of May 11, 2025.
Joining the IAASB offers professionals a platform to influence the development of high-quality standards that support trust and confidence in financial reporting worldwide. Board members play a vital role in strengthening global financial markets and economies through their contributions to international standard setting.
The IAASB is currently undertaking information-gathering activities to inform modernization of the following ISA 500-series to reflect the current business and audit environments more appropriately, including the impact of the use of technology by entities, auditors and the organizations they interact with:
