The International Auditing and Assurance Standards Board (IAASB) is the independent standard setting body which issue auditing, review, other assurance related services and quality control standards to be applied by the global auditing profession. It is a body initiated by the International Federation of Accountants (IFAC). The Public Interest Oversight Board provides oversight of the IAASB, ensuring that the standards are in the public interest.
The IAASB issues the International Standards on Auditing, professional standards for the performance of audits of financial information.
Read more about International Auditing And Assurance Standards Board: External Links
Famous quotes containing the words assurance, standards and/or board:
“The characteristic of the hour is that the commonplace mind, knowing itself to be commonplace, has the assurance to proclaim the rights of the commonplace and to impose them wherever it will.”
—José Ortega Y Gasset (1883–1955)
“If one doesn’t know one’s own country, one doesn’t have standards for foreign countries.”
—Johann Wolfgang Von Goethe (1749–1832)
“On board ship there are many sources of joy of which the land knows nothing. You may flirt and dance at sixty; and if you are awkward in the turn of a valse, you may put it down to the motion of the ship. You need wear no gloves, and may drink your soda-and-brandy without being ashamed of it.”
—Anthony Trollope (1815–1882)