IFIAR Statement on Private Equity Investment in Audit Firms

IFIAR Statement on Private Equity Investment in Audit Firms

IFIAR has published its Private Equity Investment in Audit Firms.

Please click here to access the Statement.

IFIAR Seeks New Executive Director

IFIAR Seeks New Executive Director

The International Forum of Independent Audit Regulators (IFIAR) is inviting applications for the position of Executive Director.

For a detailed job description of the Executive Director position, please click here.

IFIAR’s Human Resources and Governance Committee will be overseeing the recruitment process.  Interested candidates are encouraged to submit their applications to Ms Kuldip Gill, Chair of IFIAR’s Human Resources and Governance Committee at Kuldip_GILL@acra.gov.sg. Please use the subject line: Application for IFIAR Executive Director Position – [Your Name] when submitting your applications.

Applications for this position will be open until 15 December 2024 or when the position is filled.

We look forward to welcoming a leader who will further our commitment to enhancing audit quality and supporting our global community of audit regulators.

Delon Abrams appointed as Acting Executive Director

IFIAR has appointed Delon Abrams, Senior Policy Officer at the IFIAR Secretariat, as Acting Executive Director. He succeeds the former Executive Director Carl Renner, who left IFIAR at the end of August, until a new Executive Director is appointed. The nomination process for the new Executive Director will commence shortly.

Mr. Abrams joined the IFIAR Secretariat soon after its launch in 2017 and has played a key role in supporting IFIAR’s operations since.

Mr. Renner served as Executive Director of IFIAR and led the Secretariat since its establishment in 2017, and IFIAR Chair extends its appreciation for Mr. Renner’s years of contribution to IFIAR.

IFIAR comments on IAASB’s Exposure Draft on Proposed ISA 240 (Revised): The Auditor’s Responsibilities Relating to Fraud in an Audit of Financial Statements – 5 June 2024

IFIAR comments on IAASB’s Exposure Draft on Proposed ISA 240 (Revised): The Auditor’s Responsibilities Relating to Fraud in an Audit of Financial Statements – 5 June 2024

IFIAR has published its comment letter on the IAASB’s Exposure Draft on Proposed ISA 240 (Revised): The Auditor’s Responsibilities Relating to Fraud in an Audit of Financial Statements.

Click here to view the comment letter.

IFIAR comments on IESBA’s Exposure Draft on Using the Work of an External Expert – 30 May 2024

IFIAR comments on IESBA’s Exposure Draft on Using the Work of an External Expert – 30 May 2024

IFIAR has published its comment letter on the IESBA’s IESBA’s Exposure Draft on Using the Work of an External Expert.

Click here to view the comment letter.

IFIAR comments on IESBA’s Proposed International Ethics Standards for Sustainability Assurance (including International Independence Standards) (IESSA) – 10 May 2024

IFIAR comments on IESBA’s Proposed International Ethics Standards for Sustainability Assurance (including International Independence Standards) (IESSA) – 10 May 2024

IFIAR has published its comment letter on the IESBA’s Proposed International Ethics Standards for Sustainability Assurance (including International Independence Standards) (IESSA).

Click here to view the comment letter.

IFIAR comments on IAASB’s Proposed Narrow Scope Amendments to ISQMs ISAs and ISRE 2400 (Revised) – 2 May 2024

IFIAR comments on IAASB’s Proposed Narrow Scope Amendments to ISQMs ISAs and ISRE 2400 (Revised) – 2 May 2024

IFIAR has published its comment letter on the IAASB’s Proposed Narrow Scope Amendments to ISQMs ISAs and ISRE 2400 (Revised).

Click here to view the comment letter.

2024 Plenary Meeting

2024 Plenary Meeting

IFIAR’s annual Plenary Meeting was held in Osaka, Japan on April 16-18, 2024, with representatives from 48 IFIAR Member jurisdictions participating in discussions focusing on key developments and emerging trends in the audit industry.

Please click here for our stakeholder announcement.

IFIAR releases 2023 Report on Annual Survey of Audit Inspection Findings

IFIAR releases 2023 Report on Annual Survey of Audit Inspection Findings

In March 2024, IFIAR released its twelfth annual survey of inspection findings arising from its Member regulators’ individual inspections of audit firms affiliated with the six largest global audit firm networks.

Please click here to access the 2023 Inspection Findings Survey and related documents.

Abu Dhabi Global Market RA joins IFIAR

Abu Dhabi Global Market RA joins IFIAR

IFIAR is pleased to welcome the Registration Authority (RA) of Abu Dhabi Global Market (ADGM) as a new IFIAR Member, joining a network of independent audit regulators from 56 jurisdictions around the world.