The Comment letters to the PIOB 2017-2019 Strategy are now available
Date: November, 2016
The comment letters received on the PIOB 2017-2019 Strategy for public consultation, are now available on the PIOB website.
The PIOB may modify the preliminary conclusions or add practical implementation ideas to them in light of the comments received. The PIOB will issue a feedback statement and final PIOB 2017-19 Strategy in March, 2017.
2nd PIOB Public Interest Workshop: Preparing for a new generation of Auditors
Date: November, 2016
The PIOB organized the 2nd Public Interest Workshop: “Preparing for the Next Generation of Auditors” in New York on September 15th, 2016. The 60 participants (Regulators, Standard setting Board Chairs and Members, and CAG members amongst other stakeholders) were able to discuss a number of issues in six round tables around the following themes: Trends in Audit, Auditor Independence and Standard setting in the Public Interest. The summary of the discussions held is now available.
Download document: 2nd Public Interest Workshop - Summary of discussions.pdf 776KB
The Public Interest Oversight Board (PIOB) publishes its 2017-2019 Strategy for public consultation
Date: August, 2016
The Public Interest Oversight Board (PIOB) has approved its 2017-2019 Strategy for public consultation. Responses are requested by November 26th, 2016, and should be submitted electronically to Piobemail@example.com.
The PIOB consults with the aim to improve the delivery of its mandate and to strengthen the public interest responsiveness of the audit, ethics and education standards. The consultation includes considerations on the current standard setting system and the PIOB´s vision of the system´s longer term evolution.
The objective of the consultation is to seek input from stakeholders to shape the PIOB´s strategy for the next three-year period.
The Monitoring Group (MG) supports the merits of periodic strategy reviews of the PIOB.
All comment letters will be published on the PIOB website unless the respondents expressly request confidentiality.
The PIOB may modify the preliminary conclusions or add practical implementation ideas to them in light of the comments received. The PIOB expects to draw final conclusions by January 2017.
Download document: PIOB_2017-19_strategy.pdf 600KB
Two shock waves - Reflections on international accounting and auditing in the early 21st Century - Article by former PIOB Member, Prof. Toshiharu Kitamura
Date: August, 2016
Two shock waves - Reflections on international accounting and auditing in the early 21st Century. *The PIOB is not responsible for the opinions and views expressed in this article.*
Download document: Article by Toshiharu Kitamura_Web Aug 2016.pdf 626KB
The Public Interest Oversight Board (PIOB) marks its Tenth Anniversary with a full day seminar.
Date: October, 2015
(Spain, Madrid, 1st October, 2015) – The PIOB held a full day seminar on 30th September 2015 in Madrid on the Future Challenges in Audit Oversight, to mark its Tenth Anniversary. The seminar brought together participants from international and Spanish regulatory bodies, accounting and auditing boards, audit inspection groups and academia.
The seminar was structured in four panels during which panelists and participants had a chance to exchange views on issues related to Public Interest protection, audit oversight, enhancements to the financial reporting chain following the Global Financial Crisis and future outlook of the profession and global trends.
Alfredo González-Panizo, Technical Secretary General of the Spanish Ministry for Economic Affairs and Competitiveness, acknowledged the support of the Spanish Government to the PIOB´s mission and presented the legal framework of audit in Spain.
As Eddy Wymeersch, Chairman of the PIOB, stated in his opening speech: “The PIOB wishes to thank all those who have contributed to the process of strengthening the international standard setting system in the field of audit, ethics and education for accountants, and congratulate all of them for celebrating together the positive outcome of this global collective effort.”
The seminar presentations are available here:
The seminar videos are available here:
The PIOB also presented its 10th Anniversary Commemorative Publication – Ten Years of Public Interest Oversight which reviews the history of the PIOB and includes contributions from the main actors in international standard setting in the fields of audit, ethics and education.