In light of the continuing effect of the COVID-19 pandemic on the International Auditing and Assurance Standard Board (IAASB)’s work plan and the capacity of our stakeholders, including recent requests to participate in consultations and events, the closing date for responses to the Auditor Reporting Stakeholder Survey has been extended to November 23, 2020.
The survey invites interested stakeholders to share their experience with, and provide feedback relating to, the Auditor Reporting Standards that were issued in 2015. This extension creates further opportunity for a broad range of input that will help the IAASB understand whether the revised Auditor Reporting Standards are achieving the intended purpose.
The IAASB appreciates the fact that different jurisdictions may be at different stages of adoption and implementation of the Auditor Reporting Standards. However, all interested stakeholders are invited to participate, regardless of where your jurisdiction is in the adoption and implementation process, since stakeholders’ perspectives and views may also be informed by, for example, early adoption activities, information gathering or field testing undertaken in preparing for implementation, research and outreach activities, and pilot testing. The online survey allows flexibility based on circumstances and experience.
The IAASB requests feedback from all stakeholders, including investors and other users of financial statements, auditors and audit firms, preparers of financial statements, those charged with governance, national standard setters, professional accountancy organizations, and regulators and audit oversight bodies.
Stakeholders also are asked to share the online survey with their respective networks in their jurisdictions that engage with auditors or use auditor reports.
Additional information about the Post-Implementation Review is available on the IAASB website. For any additional inquiries, please contact armandkotze@iaasb.org.
About the IAASB
The IAASB develops auditing and assurance standards and guidance for use by all professional accountants under a shared standard-setting process involving the Public Interest Oversight Board, which oversees the activities of the IAASB, and the IAASB Consultative Advisory Group, which provides public interest input into the development of the standards and guidance. The structures and processes that support the operations of the IAASB are facilitated by the International Federation of Accountants (IFAC). For copyright, trademark, and permissions information, please go to permissions or contact permissions@ifac.org.