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IAASB Proposes Strategy and Work Plan for 2024-2027
February 10, 2023On January 11, 2023, the International Auditing and Assurance Standards Board (IAASB), a “global independent standard-setting body that serves the public interest by setting high-quality international standards” for the global auditing and assurance profession, proposed a strategy and work plan for 2024 to 2027 (the Plan). The purpose of the Plan was to “accelerate the actions” identified in its 2020-2023 strategy and “[d]evelop the global accepted and leading audit, assurance, and related services standards enabling the performance of high-quality engagements that enhance trust in markets and evolve in a timely manner to meet rapidly changing public interest demands.”
