35th Annual IOSCO Conference

Remarks by Robert L. Bunting, IFAC President

Good afternoon and thank you for that kind introduction.

Before I begin, let me first express my deep appreciation to IOSCO for inviting me to speak here today and for sponsoring this very important conference. 

I'd also like to take this opportunity to sincerely thank IOSCO's representatives for participating in the work of the IAASB in developing the International Standards on Auditing, or ISAs. 

As I'm sure many of you know, IFAC and IOSCO have a long-standing relationship. But I think our relationship has been especially meaningful over the past six to seven years. We were especially proud to receive IOSCO's letter last year in which it officially endorsed the IAASB's ISAs.

We have also been pleased to work with IOSCO as part of the Monitoring Group in its review of the IFAC reforms and look forward to responding to the consultation paper issued recently.

Related Resources

• Convergence with International Standards on Auditing
• Directions in Auditing & Assurance: Challenges and Opportunities
• Individual Initiatives, Collective Solutions: Recent Developments in the International Auditing and Assurance Standards Board (IAASB)'s Agenda
• International Auditing and Assurance Standards: Implementation Challenges and Success Factors
• The Auditor’s Role Relating to Information Communicated to Financial Statement Users