Tag Archives: Monitoring Group

Monitoring Group Redesigns Standard-Setting

SHARE: It has taken them five years, but the Monitoring Group has issued their final recommendations to advance the public interest in international audit-related standard-setting and improve audit quality. Their 27-page report “Strengthening the International Audit and Ethics Standard-Setting System” was released in July. The members of the Monitoring Group (MG) are the: Basel Committee…

Monitoring Group’s Premises Questioned

SHARE: Respondents to the Monitoring Group’s Consultation Paper on international audit-related standard setting (see sbr 1/18) doubted some of the core premises of the paper and the need for its proposed changes but supported further study. The Consultation Paper elicited 179 public comments, including NASBA’s, which can be found on the website of the International…