Investor and Other Stakeholders Working Group

IFIAR’s dialogue with investors and other stakeholders is prepared and led by the Investor and Other Stakeholders Working Group. The group is chaired by J. Robert Brown, Jr. of the United States PCAOB, with Peter Hofbauer serving as Vice Chair. The group includes IFIAR Members from Austria, Canada, France, Japan, Korea, Singapore, South Africa, the United Kingdom and the United States.

Members of IFIAR share the common goal of protecting the interests of investors in the preparation of informative, accurate and independent audit reports and improving audit quality globally. 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 also has held joint-sessions with the GAQ Working Group and the Standards Coordination Working Group. Since its inception in 2009, the Working Group has held sessions at IFIAR Plenary Meetings. Links to summaries of the most recent sessions can be found below:

• Rhodes, 30 April - 2 May 2019
• Ottawa, 16-19, April 2018
• Taipei, 21-23, April 2015
• Washington, 7-9, April 2014
• Noordwijk, 15-17, April 2013

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.

IOSWG Information

• Current Trends in the Audit Industry Paper
• Audit Committees and Audit Quality Paper
• Bios of the Advisory Group members