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IAASB Announces New Strategy and Work Plan to Advance Global Audit and Assurance Standards

The International Auditing and Assurance Standards Board (IAASB) published its approved strategy and work plan aimed at enhancing consistency and quality of audit and assurance standards worldwide. Elevating Trust in Audit and Assurance: IAASB’s Strategy and Work Plan for 2024-2027 reflects the crucial role of audit and assurance in fostering trust in the world’s economies. One of the key highlights include completing priority audit and assurance projects, with emphasis on fraud, going concern, and sustainability assurance.


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