International Auditing and Assurance Standards Board

Annually, the IAASB hosts a meeting of a group of national auditing standard setters from around the world that share the common goals of promulgating high quality standards, and reaching consensus at an early stage in their development. The Statement of Purpose of IAASB and National Auditing Standard Setters Liaison was accepted in March 2006 by the participating national auditing standard setters as reflecting the aims of the liaison activities. Currently, the participating national auditing standard setters are from the following countries: Australia, Canada, China, France, Germany, India, Japan, New Zealand, South Africa, The Netherlands, United Kingdom and United States of America.

The IAASB has issued guidance for national auditing standard setters that adopt its International Standards with limited modifications.