PIOB publishes description of standard-setting in the public interest

  • PIOB (Public Interest Oversight Board) (lt gray) Image

18 Sep, 2015

The Public Interest Oversight Board (PIOB), which oversees the auditing and assurance, ethics, and education standard-setting activities of the International Federation of Accountants (IFAC), has published 'Standard Setting in the Public Interest: A Description of the Model'.

The document was prepared to provide greater clarity and broaden the general understanding of the governance functions supporting standard-setting and reflects the current state of the standard-setting model in audit and assurance (through the International Auditing and Assurance Standards Board, IAASB), ethics (through the International Ethics Standards Board for Accountants, IESBA), and education (through the International Accounting Education Standards Board, IAESB) for accountants.

Please click to access the document, which was produced at the request of the Monitoring Group as recommended in the 2013 Monitoring Group Statement on Governance, on the IFAC website.

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