Public sector audit guidelines to be based on ISAs

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05 Jul 2006

The International Auditing and Assurance Standards Board (IAASB) and the Professional Standards Committee (PSC) of the International Organization of Supreme Audit Institutions (INTOSAI) have signed a memorandum of understanding that allows the PSC to use the IAASB's International Standards on Auditing (ISAs) as the basis for guidelines on public sector financial audits. .

The International Auditing and Assurance Standards Board (IAASB) and the Professional Standards Committee (PSC) of the International Organization of Supreme Audit Institutions (INTOSAI) have signed a memorandum of understanding that allows the PSC to use the IAASB's International Standards on Auditing (ISAs) as the basis for guidelines on public sector financial audits.

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