On November 9, 2017 the Monitoring Group issued the consultation paper Strengthening the Governance and Oversight of the International Audit-related Standard-setting Boards in the Public Interest, which set out various options to enhance the governance, accountability and oversight of the international audit standard setting process.

The IFIAR Board has submitted a letter to the Monitoring Group in response to the consultation paper, in which the Board expresses its support for the reform initiative. A copy of the letter is available at the link below.