IFIAR Releases 2018 Report on Survey of Audit Regulators’ Enforcement Regimes
Dec 14, 2018
On December 14, 2018, the International Forum of Independent Audit Regulators (IFIAR) released its report on the Survey of Enforcement Regimes. The report underscores the extent to which IFIAR members have the authority to respond to auditor misconduct and enforce compliance with the rules, laws, and standards that govern the audit profession in different parts of the globe. The results recognize the unique and critical role that enforcement plays in audit oversight.
Forty-two IFIAR members participated in the 2018 Survey, which sought information from members concerning the authority and structures of their enforcement programs, the handling and reporting of enforcement matters, historical and trend information, sharing information with other regulatory
authorities, and ideas for reform. The 2018 Survey updates results from the first enforcement survey in 2014 and focuses on the three years from 2015 through 2017.
Review the press release and report on the IFIAR's website.