IAASB Initiative

Auditor and audit financial statements

What is the difference between public opinion regarding the role of the auditor and the real responsibility of the auditor during the audit of financial statements?

#IAASB welcomes any relevant stakeholders in the field of financial reporting from expressing an opinion/position on the need to update international auditing standards related to fraud and a viable enterprise.

The initiative was made to develop an appropriate and effective reporting structure for a rapidly changing environment. If such a need exists, it is desirable to address those parts of the relevant International Auditing Standards that need to be revised.