What does IAASB mean in Accounting?
This page is about the meanings of the acronym/abbreviation/shorthand IAASB in the Business field in general and in the Accounting terminology in particular.
International Auditing and Assurance Standards Board
Submitted by acronimous on April 10, 2014
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Definition
What does IAASB mean?
- International Auditing and Assurance Standards Board
- The International Auditing and Assurance Standards Board (IAASB) is an independent standards body which issues standards, like the International Standards on Auditing, quality control guidelines and other services, to support the international auditing of financial statements. It is a body supported 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.To further ensure proposed standards are in the public interest the IAASB consults its Consultative Advisory Group, which is composed of standard setters, various international organizations from the private and public sectors, and regulators. Representatives include a balance of users and prepares of financial statements, and should to the extent practicable be balanced geographically. Founded in March 1978 as the International Auditing Practices Committee (IAPC), the IAASB's current strategic themes include:
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"IAASB." Abbreviations.com. STANDS4 LLC, 2024. Web. 11 May 2024. <https://www.abbreviations.com/term/1491932>.
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