Consultation launched to strengthen the international audit standard-setting process

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09 Nov, 2017

A consultation has been launched by the Monitoring Group to set out various options to “enhance the governance, accountability and oversight of the international audit standard-setting process.

The Monitoring Group is a group of international financial institutions and regulatory bodies committed to advancing the public interest in areas related to international audit standard-setting and audit quality.

The consultation seeks stakeholders’ views on “how best to safeguard the independence of the standard-setting process and its responsiveness to the public interest”.

A press release and the consultation paper, which runs until 9 February 2018, is available on the IOSCO website.

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