Invitation to Comment, Enhancing Audit Quality in the Public Interest
The IAASB has released its Invitation to Comment, Enhancing Audit Quality in the Public Interest: A Focus on Professional Skepticism, Quality Control and Group Audits (the ITC).
Building upon the IAASB’s efforts to develop its Work Plan for 2015–2016, the ITC highlights the board’s discussions on the topics of professional skepticism, quality control and group audits – and flags potential standard-setting activities the IAASB could take to enhance audit quality.
The IAASB also has released a companion document, an Overview of the ITC, designed at soliciting feedback from investors, audit committees, and preparers. It summarizes the key areas the IAASB is exploring and the direction it may take and may be useful in facilitating outreach by stakeholders to develop their responses.
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Submitted Comment Letters
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Instituto Nacional de Contadores Públicos de Colombia (234.05 KB)(Colombia)
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Asociación Interamericana de Contabilidad (AIC) (199.67 KB)()
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DTTL (296.48 KB)()
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The Malaysian Institute of Certified Public Accountants (289.77 KB)(Malaysia)
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Hong Kong Institute of Certified Public Accountants (82.19 KB)(Hong Kong, Special Administrative Region of China)
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Dianne Azoor Hughes (754.47 KB)()
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INSTITUTE OF CHARTERED ACCOUNTANTS OF ZIMBABWE (698.17 KB)(Zimbabwe)
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Malaysia Audit Oversight Board (1.48 MB)(Malaysia)
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Independent Regulatory Board for Auditors (612.93 KB)(South Africa)
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UK Financial Reporting Council (458.8 KB)(United Kingdom)
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FEE - Federation of European Accountants (671.84 KB)(Belgium)
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Chartered Accountants Ireland (673.3 KB)(Ireland)
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New Zealand Shareholders Association (448.68 KB)(New Zealand)
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California State Teachers’ Retirement System (CALSTRS) (314.46 KB)(United States of America)
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California Public Employees Retirement System (CalPERS) (491.06 KB)(United States of America)
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Government Accountability Office (194.53 KB)(United States of America)
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Canadian Public Accountability Board (CPAB) (339.13 KB)(Canada)
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Federación Argentina de Consejos Profesionales de Ciencias Económicas (360.14 KB)(Argentina)
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RSM International Limited (564.46 KB)(United Kingdom)
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Malaysian Institute of Accountants (401.57 KB)(Malaysia)
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IFAC Professional Accountants in Business Committee (100.55 KB)()
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Royal NBA (745.12 KB)(Netherlands)
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DnR - The Norwegian Institute of Public Accountants (350.66 KB)(Norway)
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The Investment Association (255.64 KB)(United Kingdom)
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Basel Committee on Banking Supervision (163.13 KB)()
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European Securities and Markets Authority (538.83 KB)()
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Instituto dos Auditores Independentes do Brasil (678.47 KB)(Brazil)
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Institute of Chartered Accountants of Pakistan (3.27 MB)(Pakistan)
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CFA Institute (108.81 KB)()
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IFAC SMP Committee (217.81 KB)()
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Institut der Wirtschaftspruefer in Deutschland e. V. (IDW) (181.99 KB)(Germany)
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CNCC / CSOEC (1.15 MB)(France)
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European Federation of Accountants and Auditors for SMEs (EFAA) (267.66 KB)()
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IOSCO (693.95 KB)()
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European Audit Inspection Group (297.24 KB)()
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JEC Grant (98.58 KB)(United Kingdom)
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CPA Australia (903.07 KB)(Australia)
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IFIAR - International Forum of Independent Audit Regulators (504.58 KB)()
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H3C (662.5 KB)(France)