ISA (International Standards on Auditing)

International Standards on Auditing (ISA) are guidelines established to ensure that audits of financial statements are performed consistently and with quality worldwide. They provide a framework for auditors to follow, enhancing the reliability of financial reporting. By adhering to these standards, auditors can objectively assess whether an organization’s financial statements give a true and fair view of its financial position. This helps stakeholders, such as investors and regulators, trust the financial information, promoting accountability and transparency in business practices globally.