IAASB seeks input on future strategy and work program
10 Jan 2011
The International Auditing and Assurance Standards Board (IAASB) has released for comment its Proposed Strategy and Work Program for 2012—2014.
The proposed program is grouped into the following topic areas:
- Developing and revising IAASB Standards:
- Maintaining a commitment to the International Standards on Auditing (ISAs) and the audit (including having input into the IASB's projects and their impacts on auditing standards)
- Enhancing public confidence through the development or revision of assurance and other standards that address demands of users of financial information, including greenhouse gas statements, XBRL, prospective information and integrated reporting
- Responding to concerns about implementation of IAASB Standards
- Ongoing outreach and other communication activities to promote adoption of IAASB Standards.
In addition, a number of consultation documents are expected over the coming weeks as the result of the IAASB's December 2010 meeting.
Comments on the Consultation Paper are requested by 4 April 2011. Click for press release (link to IFAC website).
