International Auditing and Assurance Standards Board (IAASB) has launched public consultations on strategy of its work for the near future. In particular, they started a survey to identify possible new projects and trends that would be relevant in the period from 2020 to 2023 years. The survey lasts until July 24, 2018.
The responds of key stakeholder groups of the survey will form the basis of the Strategic Advisory Document for 2020-2023. The strategy of the International Auditing and Assurance Standards Board will be ready in late 2018.
Meanwhile, IAASB continues to work on current projects, among which the revision of the audit standards of accounting valuations, the definition and evaluation of the risk of significant differences, quality control in audit companies, new forms of external reporting.