Engagement and Outreach in Support of the New Auditor’s Report

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Dec 14, 2016

On December 14, 2016, the International Auditing and Assurance Standards Board (IAASB) released a summary of the work of the IAASB's Auditor Reporting Implementation Working Group. The Working Group representatives have spent 2016 attending various outreach events and engaging stakeholders around the world to support implementation.

As more countries begin to adopt the standards and early adopters emerge, discussions with stakeholders have evolved to focus on actual experiences. These conversations have assisted the Working Group in understanding implementation experiences, including any practical challenges and how such challenges are being addressed.

The Working Group is also exploring possible approaches to a post-implementation review. The post-implementation review’s purpose would be to determine whether the new and revised auditor reporting standards need further refinement.

Review the summary on the IAASB's website.

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