IASB is working to establish high-quality auditing and assurance quality standards throughout the world.

Question

Quizplus · Accepted Answer

While the IASB (International Accounting Standards Board) is responsible for developing and promoting high-quality accounting standards, the IAASB (International Auditing and Assurance Standards Board) is the one working to establish high-quality auditing and assurance quality standards throughout the world.

IASB Is Working to Establish High-Quality Auditing and Assurance Quality