ROSC A&A Diagnostic Tool – Part IV: Review of Actual Compliance with IFRS

Jun 01, 2008 | The World Bank | The World Bank
The fourth component of the diagnostic tool addresses auditing standards as designed and as practiced. Its objectives are to determine the conformity of the country’s national auditing standards and regulations with International Standards on Auditing issued by the International Auditing and Assurance Standards Board (IAASB), and to assess the difficulties experienced complying with those national auditing standards and regulations and the existing gaps between the standards as designed and actual practice.