Tuesday, 8th April, 2014: The European Audit Inspection Group (‘EAIG’), of which IAASA is a member, has submitted a joint response to the International Auditing and Assurance Standards Board (‘IAASB’) to its consultation paper “The IAASB’s Proposed Strategy for 2015-2019 and The IAASB’s Proposed Work Program for 2015-2016”.
The primary purpose of the EAIG is to create awareness of significant issues and promote cooperation and consistency amongst European audit regulators on inspections. The Group shares inspection practices and findings and facilitates discussions on topics related to audit inspections with third parties, such as the standard setters and the audit profession.
A copy of the response can be downloaded here.