Following the conclusion of an open and competitive recruitment process we are pleased to announce that the new Executive Director of IFIAR will be Julia Rendschmidt, who is currently Head of Division for EU and International Affairs with the German Auditor Oversight Body. Julia has extensive experience as a national regulator within the German AOB. She also currently represents Germany at board level within IFIAR and at plenary level on the Committee of European Auditing Oversight Bodies (CEAOB). Julia will commence her role on 1 October.

On behalf of the board we would like to express our appreciation to Delon Abrams for his role over these past several months as Acting Executive Director. He ensured that IFIAR remained on an even keel and continued to operate as effectively as ever.

We look forward to Julia joining the team and building on IFIAR’s success to date.

IFIAR has published its comment letter on the IAASB’s Exposure Draft on Narrow-Scope Amendments to IAASB Standards Arising from the IESBA’s Using the Work of an External Expert Project.

Click here to view the comment letter.

IFIAR has published its comment letter on the IESBA’s Consultation Paper on Collective Investment Vehicles and Pension Funds – Auditor Independence.

Click here to view the comment letter.

IFIAR has released its 2024 Annual Report. Click here to download the Report.

IFIAR’s annual Plenary Meeting was held in Berlin, Germany on April 8-10, 2025, with representatives from 49 IFIAR Member jurisdictions participating in discussions focusing on key developments and emerging trends in the audit market.

Please click here for our stakeholder announcement.

IFIAR has published its Private Equity Investment in Audit Firms.

Please click here to access the Statement.

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 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 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 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.

IFIAR has released its 2023 Annual Report. Click here to download the Report.

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.

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.

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.

IFIAR has published its Statement on Sustainability Assurance Oversight.

Please click here to access the Statement.

IFIAR has published its comment letter on the IAASB Exposure Draft on ISSA 5000 General Requirements for Sustainability Assurance Engagements.

Click here to view the comment letter.

IFIAR is pleased to welcome the National Financial Reporting Authority (NFRA) of India as a new IFIAR Member.

NFRA joins a network of independent audit regulators from 55 jurisdictions around the world.

IFIAR has released a Report presenting perspectives on the use of technology in audits – outlining observations, risks and further evolution.

Please click here to access the Report.

IFIAR has published its comment letter on the IAASB proposed revisions to ISA 570 (Going Concern).

Click here to view the comment letter.

IFIAR has published its comment letter on the IESBA Proposed Strategy and Work Plan for 2024-2027.

Click here to view the comment letter.

IFIAR has released a Report on its third Survey of Audit Regulators’ Enforcement Regimes.

The report details the investigative and disciplinary powers of IFIAR Members, and the ways in which Members exercised those powers during the years 2018-2022. The results of the 2022 Survey underscore the important role that enforcement plays in audit oversight and IFIAR Members’ dedication to investigating and addressing potential violations of auditing standards.

Please click here for the Press Release and here to access the Report.

IFIAR’s annual Plenary Meeting, resuming in-person for the first time since the start of the COVID-19 pandemic, was held in Washington DC on April 25-27, 2023, with representatives from 44 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 has released its 2022 Annual Report. Please click here to download the Annual Report.

IFIAR has published its comment letter on the IAASBIAASB’s proposed revisions to ISA 500 (Revised), Audit Evidence.

Click here to view the comment letter.

IFIAR has published its comment letter on the IAASB Proposed Strategy and Work Plan for 2024-2027.

Click here to view the comment letter.

In March 2023, IFIAR released its eleventh 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 2022 Inspection Findings Survey and related documents.

IFIAR has published IFIAR Board comment letter on the OECD’s Draft Revisions to the G20/OECD Principles of Corporate Governance.

Click here to view the comment letter.

IFIAR has published its comment letter on the IAASB Proposed Narrow Scope Amendments to ISA 700 (Revised) and ISA 260 (Revised).

Click here to view the comment letter.

IFIAR has published its comment letter on the IESBA Strategy Survey 2022.

Click here to view the comment letter.

IFIAR has published its comment letter on the IESBA Proposed Exposure Draft on Proposed Technology-related Revisions to the Code.

Click here to view the comment letter.

IFIAR has published its comment letter on the IESBA Proposed Exposure Draft on Proposed Revisions to the Code Relating to the Definition of Engagement Team and Group Audits.

Click here to view the comment letter.

IFIAR’s annual Plenary Meeting was held virtually on April 25-27, 2022, with representatives from 53 IFIAR Member jurisdictions participating in discussions focusing on the Transition to the New Normal.

Please click here for our stakeholder announcement.

IFIAR has released its 2021 Annual Report. Please click here to download the Annual Report.

In March 2022, IFIAR released its tenth 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 2021 Inspection Findings Survey and related documents.

IFIAR has published its comment letter on the the IAASB Proposed International Standard on Auditing (ISA) for Audits of Financial Statements of Less Complex Entities (LCE).

Click here to view the comment letter.

IFIAR has released its report on “Internationally Relevant Developments in Audit Markets”.
Please click here to download the Stakeholder Announcement and here to download the Report.

IFIAR has released its 2020 Annual Report. Please click here to download the Annual Report.

IFIAR holds virtual 2021 Plenary Meeting focusing on the Management of Audit Quality in the COVID Environment and Beyond.

Please click here for our stakeholder announcement.

Please click here for a statement regarding the passing of Former Chair Brian A. Hunt.

In March 2021, IFIAR released its ninth 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 2020 Inspection Findings Survey and related documents.

IFIAR has published its comment letter on the IAASB Discussion Paper on Fraud and Going Concern in an Audit of Financial Statements.

Click here to view the comment letter.

Please click here for an announcement regarding the passing of IFIAR Chair Frank Schneider.

IFIAR has published its comment letter on IAASB Exposure Draft on ISA 600.

Click here to view the comment letter.

IFIAR has published an Information Paper on “Facilitating Oversight of Global Audit Firm Networks”. Click here to access the Information Paper and click here for the stakeholder announcement.

IFIAR Member regulators from around the world met by video conference on May 26 with representatives from the six largest global audit firm networks (GPPC*) to discuss the GPPC network’s responses to the COVID-19 crisis. The GPPC provided IFIAR Members with an outline of the challenges their networks and the companies they audit are facing in the area of financial reporting and audit due to the impact of COVID-19.

IFIAR Chair, Frank Schneider, noted the importance of the continued engagement between IFIAR and external stakeholders such as the GPPC going forward: “Continued engagement between all those involved in the financial reporting ecosystem is vitally important during these uncertain times. The GPPC outlined the challenges that are currently faced by preparers and auditors in a financial landscape that has been dominated by the impact of COVID-19 on businesses around the world, and the steps being taken in response. IFIAR continues to stress the importance of audit firms’ compliance with the relevant auditing standards during this crisis, as investors and other stakeholders depend more than ever on accurate information. IFIAR Members will continue to share information on how the regulatory environment is adapting to the crisis – and we are grateful to IFIAR Members and the GPPC for the continued dialogue in this respect”.

The IFIAR website has a dedicated page to provide the public with access to the latest information, updates and developments from IFIAR Members in response to the COVID-19 crisis. This page is accessed here.

*The Global Public Policy Committee (GPPC) is the global forum of representatives from the six largest accounting networks: BDO, Deloitte, EY, Grant Thornton, KPMG, and PwC, which has as its public interest objective the enhancement of quality in auditing and financial reporting.