IAASA’s board has held its 200th meeting. It comes twenty years since the Authority was conferred with its statutory functions in February 2006.
The first meetings of the board dealt with the work of a brand-new organisation. There was a small team, a first Work Programme, and a mandate to bring independent oversight to a profession that had until then regulated itself.
The 200th meeting reflected just how far the organisation has come. The agenda moved between national and international matters, reflecting what IAASA is today. The Authority directly inspects the audits of Ireland’s most significant entities, supervises corporate and sustainability reporting, sets auditing and ethical standards, and contributes to audit oversight at European and global level, including through the chairing of IFIAR, the International Forum of Independent Audit Regulators.
What hasn’t changed is the purpose. Every one of those 200 meetings has been in service of the same vision of public trust and confidence in quality auditing and accounting. That trust belongs to the pension holders, investors, creditors and citizens who rely on the integrity of the system we help to maintain.
“IAASA begins its third decade with maturity and a clear sense of purpose. Its reputation is built on the excellence, independence and integrity of its people, and I am confident in its capacity to continue serving the public interest well,” said Chairperson Aisling Kennedy.
We thank the staff of IAASA and all who have served on the Board over two decades.
Access a timeline of IAASA’s two decades of work.