The International Auditing and Assurance Standards Board
A)is the standard-setting board for the International Federation of Accountants
B)is a committee of the AICPA
C)reports directly to the SEC
D)adjusts international standards to U.S.GAAP

Question

Quizplus · Accepted Answer

The International Auditing and Assurance Standards Board (IAASB) is the standard-setting board for the International Federation of Accountants (IFAC). This board develops and issues professional standards and guidance for auditors and other assurance providers globally.