The International Auditing and Assurance Standards Board (IAASB) today published its Public Report detailing its support for the public interest for the year ended December 31, 2021. During this 12-month period, the IAASB approved the final revised standard on group audits, agreed its Work Plan for 2022-2023 that included a dedicated workstream on enhanced sustainability assurance standards, and developed and implemented its Framework for Activities, among other actions.
The year 2021 also included the transformational milestone of launching IAASB’s first fully digital handbook, in collaboration with the International Federation of Accountants. The new online platform, e-International Standards (eIS), highlights the IAASB’s commitment to improving the usability of, and access to, its standards by harnessing technology.