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Spearheading Change to Enhance Confidence in Audits and Assurance

The International Auditing and Assurance Standards Board (IAASB) published its 2021 Public Report, which details its progress to support the public interest in audit and assurance for the year ended 31 December 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.

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