International standards for auditing and ethics play a critical role in the global financial infrastructure, assisting in promoting economic stability and international consistency, and in doing so, enhancing international financial and capital flows essential to a thriving global economy. This is especially important for emerging economies.
Professor Muhammad Azizul Islam, PhD, CPA, CA, Chair in Accountancy & Director of Postgraduate Research Programme (Accounting & Finance) Business School, University of Aberdeen
The IESBA has submitted a comment letter to the Monitoring Group's Consultation Paper, Strengthening the Governance and Oversight of the International Audit-related Standard-setting.
