International Auditing and Assurance Standards Board

The International Auditing and Assurance Standards Board (IAASB) is an organization that develops and promotes high-quality global standards for auditing, assurance, and related services. Its goal is to ensure that financial statements and other reports are trustworthy and comparable across different countries. By establishing clear guidelines, the IAASB helps auditors perform their work consistently and ethically, which improves confidence among investors, regulators, and other stakeholders in the accuracy of financial information.