Monitoring Group will assess IFAC reforms

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11 Aug 2009

The Monitoring Group that oversees the governance of the International Federation of Accountants (IFAC) has begun a review of the effectiveness of the reforms to the governance of IFAC that were put in place in 2003. The objective of those reforms was to increase confidence that IFAC's activities are properly responsive to the public interest and will lead to the establishment of high quality standards and practices by the International Auditing and Assurance Standards Board (IAASB), the International Ethics Standards Board for Accountants (IESBA), and the International Accounting Education Standards Board (IAESB).

IFAC's Moniroting Group comprises regulatory and international organisations and is chaired by Hans Hoogervoorst, who also chairs the IASC Foundation's Monitoring Board. Click for Announcement of the Review (PDF 12k).


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