IAASB kicks off next strategic review with a survey
13 Mar, 2013
The International Auditing and Assurance Standards Board (IAASB) has released an online survey as the first step in its strategic review process for the period 2015-2019.
The IAASB is considering a strategy period of five years, rather than its past practice of three years. The IAASB believes that extending its strategy period will "enable a better understanding by stakeholders of its medium-to-longer term priorities, and provide a suitable context for purposes of its decisions on specific initiatives".
The survey is structured in three sections:
- Section I seeks information about the capacity in which respondents are responding to the questionnaire
- Section II describes the anticipated stage of completion of current IAASB projects by the beginning of 2015
- Section III includes the specific questions asked of respondents.
The survey is open for comment until 7 May 2013 and the responses will be used in the development of a formal consultation paper on the IAASB's strategy and work program, which is expected to be issued in late 2013.
Click for IAASB press release (link to IFAC website).