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IAASA welcomes the opportunity to provide comment on the Monitoring Group’s Consultation

16/02/2018

Irish Auditing and Accounting Supervisory Authority (IAASA) welcomes the opportunity to provide comment on the Monitoring Group’s proposals for developing the governance framework supporting the development of international standards on audit-related matters, as set out in its paper issued on 9 November 2017. 
 
The Monitoring Group issued a consultation paper setting out various options to enhance the governance, accountability and oversight of the international audit standard-setting process.  IAASA’s response to this consultation paper can be accessed here.
 
IAASA has also taken part in discussions of the Committee of European Audit Oversight Bodies (CEAOB) relating to the consultation and agrees with comments set out in the CEAOB’s response here.
 
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.
 
Further details of the Monitoring Group can be accessed here
 
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