Tag Archives: IFIAR

International Concern with Audit Quality

State Board Report March 2015 Deficiencies in important areas of audits persist, the International Forum of Independent Audit Regulators (IFIAR) reports. IFIAR’s 2014 Survey of Inspection Findings is based on the 29 IFIAR member countries’ inspection of 948 public company audits in which they found deficiencies in 47 percent. The international regulators discovered the highest…

Hong Kong Reviewing Self-Regulation

State Board Report January 2014 Hong Kong’s Financial Reporting Commission (FRC) is set to begin market consultation to reform the city’s system of audit oversight. The effort stems back to a decision of the International Forum of Independent Audit Regulators (IFIAR) not to accept Hong Kong as a member and the findings of a Deloitte…

Olson & Bunting Kickoff Forum

State Board Report November 2008 Mark Olson, chairman of the Public Company Accounting Oversight Board, and Robert Bunting, deputy chairman of the International Federation of Accountants, were the first speakers to address a joint session of the International Accounting Regulators Forum and the NASBA Annual Meeting. Chairman Olson discussed how the PCAOB is relying on…