Public sector audit guidelines to be based on ISAs
Jul 05, 2006
The International Auditing and Assurance Standards Board (IAASB) and the Professional Standards Committee (PSC) of the International Organization of Supreme Audit Institutions (INTOSAI) have signed a memorandum of understanding that allows the PSC to use the IAASB's International Standards on Auditing (ISAs) as the basis for guidelines on public sector financial audits. .
The International Auditing and Assurance Standards Board (IAASB) and the Professional Standards Committee (PSC) of the International Organization of Supreme Audit Institutions (INTOSAI) have signed a memorandum of understanding that allows the PSC to use the IAASB's International Standards on Auditing (ISAs) as the basis for guidelines on public sector financial audits.