IOSCO Issues Survey Report on Audit Committee Oversight of Auditors
May 31, 2016
On May 31, 2016, the Board of the International Organization of Securities Commissions (IOSCO) published the Survey Report on Audit Committee Oversight of Auditors, which seeks to help identify audit committee practices that could improve audit quality at publicly listed entities.
The report summarizes the results of an IOSCO survey of its members regarding the existing legal, regulatory and other requirements related to the oversight by audit committees of the auditor and the audit process of domestic publicly-listed entities. The report also serves to inform interested stakeholders and IOSCO members of the audit committee requirements in force in different jurisdictions, as of December 31, 2014.
Review the report on the IOSCO's Web site.
