Joint IAASB IESBA Comment Letter in Response to Brydon Review

Chairs of the International Auditing & Assurance Standards Board (IAASB) and the International Ethics Standards Board for Accountants (IESBA) respond to the UK's Brydon review. In addition to responding to the Brydon review's proposals, this letter highlights how both Boards act in the public interest to support public confidence in audits of financial statements and other assurance engagements, and also serve to reinforce the important ethical responsibilities of professional accountants in business (PAIBs) in the external reporting ecosystem.