IAASB (International Auditing and Assurance Standards Board)

The International Auditing and Assurance Standards Board (IAASB) is an independent global organization that develops and promotes high-quality auditing and assurance standards. Their primary aim is to enhance the credibility of financial reporting around the world, ensuring that audits are consistent, reliable, and of high standard. By providing guidelines and frameworks, the IAASB helps auditors and organizations maintain transparency and accountability in financial practices, which fosters trust among investors and the public. Ultimately, their work supports the integrity of financial markets and the broader economic system.