Investor and Other Stakeholders Working Group
|APAB – Austria
|Anthony C. Thompson
|PCAOB – USA
At the 2009 IFIAR Plenary Meeting in Basel, Members agreed to establish a dialogue with representatives of the investor community. Since then, investor representatives from a number of different countries have made presentations on various audit-related matters and exchanged views with IFIAR Members during several IFIAR Plenary Meetings. After the 2013 IFIAR Plenary Meeting in Noordwijk, the Investor Working Group Members agreed that the activities of the Working Group should be expanded to also provide for interaction with other stakeholders such as economists, academics and audit committee members who have an interest in audit-related matters.
The objective of the Investor and Other Stakeholders Working Group is to enhance investor protection and improve audit quality based on suggestions both by investors (the ultimate beneficiaries of the audit) and other stakeholders with an interest in audit-related matters. To date, the Working Group has jointly worked with the GAQ Working Group and the Standards Coordination Working Group on matters of interest. Since its inception in 2009, the Working Group has held panel sessions at IFIAR Plenary Meetings.
At the 2016 Plenary Meeting, IFIAR established a global Advisory Group to the Investor and Other Stakeholders Working Group. The establishment of this Group allows IFIAR to bring more continuity and depth in its ongoing dialogue with investors, audit committees and other key stakeholders that share IFIAR’s objective of enhancing audit quality globally and the promotion of investor protection. Such dialogue will help ensure IFIAR focuses on those audit quality issues most relevant to investors. More information on the Advisory Group can be found below.
The Working Group will continue to seek the views of, and organize meetings with, investor and other stakeholder representatives where IFIAR Members can hear the views of investor and other stakeholder representatives on important audit-related matters, with an emphasis on how to enhance investor protection and improve audit quality.
Bios of the Advisory Group members
IOSWG and AG Papers
Audit Committees and Audit Quality Paper