international standards

Photo: PSC Steering Committee Meeting Focuses on IFPP Updates and Improvements
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PSC Steering Committee Meeting Focuses on IFPP Updates and Improvements

On October 19, 2021, the INTOSAI Professional Standards Committee (PSC) held its 18th annual Steering Committee meeting. Minister Bruno Dantas of Brazil’s Federal Court of Accounts (TCU), the Chair of PSC, welcomed participants to the virtual event, which focused on work related to the INTOSAI Framework of Professional Pronouncements (IFPP). The meeting featured a number of updates on...

PSC Announces Revised Standards, Establishes Networks of Translators and Liaison Officers
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PSC Announces Revised Standards, Establishes Networks of Translators and Liaison Officers

Two revised INTOSAI pronouncements are available at issai.org for audits of financial statements: ISSAI 200 - Financial Audit Principles, and ISSAI 2000 - Application of the Financial Audit Standards. ISSAI 200 provides the key principles for the audit of financial statements or other forms of presentation of financial information. It complements the...

PSC Meeting Highlights Efforts for Continued Improvement
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PSC Meeting Highlights Efforts for Continued Improvement

The PSC met virtually on October 6, 2020, to discuss past accomplishments and future initiatives with an agenda that featured such topics as strategic objectives and crosscutting priorities, international standards, the network of standards liaison officers, Technical Support Function and Strategic Development Plan (SDP) progress. In his opening remarks, Bruno Dantas...

Professional Pronouncements Framework Migration Underway
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Professional Pronouncements Framework Migration Underway

The International Organization of Supreme Audit Institutions (INTOSAI) established a new Framework for Professional Pronouncements (IFPP) in 2016 at the XXII INCOSAI. The IFPP aims to enhance the clarity and credibility of professional pronouncements and further the use and applicability of the International Standards of Supreme Audit Institutions (ISSAIs) as...