Framework for Activities
The Framework describes the IAASB’s operating processes and procedures for advancing standard-setting and other related activities. By being more deliberate and evidence-based, the IAASB will be more responsive to the key public interest challenges in audit and assurance. The Framework sets out the following key components:
- Information gathering and research activities;
- Revising and developing standards;
- Narrow scope maintenance of standards; and
- Activities to support standards’ implementation.