International Standards on Auditing (ISA)

International Standards on Auditing (ISA) are a set of guidelines designed to ensure that audits of financial statements are conducted consistently and with integrity across different countries. They help auditors evaluate whether a company's financial reports accurately reflect its financial position and comply with accounting rules. By following ISA, auditors provide assurance to stakeholders—like investors and regulators—that the financial information is trustworthy. This fosters transparency, accountability, and credibility in financial reporting globally, supporting better decision-making in the business environment.