The Public Interest Committee provides assurance that the International Public Sector Accounting Standards Board (IPSASB) standard-setting activities are in the public interest, by providing recommendations on the terms of reference of the IPSASB; the arrangements for nomination and appointment of IPSASB members; procedures and processes for formulation of the IPSASB’s strategy and work plan; and development of International Public Sector Accounting Standards.
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- Adoption of International Standards
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- Professional Accountants in Business
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Independent Standard-Setting Boards
The International Auditing and Assurance Standards Board sets high-quality international standards for auditing, assurance, and quality control that strengthen public confidence in the global profession.
The International Accounting Education Standards Board establishes standards, in the area of professional accounting education, that prescribe technical competence and professional skills, values, ethics, and attitudes.
The International Ethics Standards Board for Accountants sets high-quality, internationally appropriate ethics standards for professional accountants, including auditor independence requirements.
The International Public Sector Accounting Standards Board develops standards, guidance, and resources for use by public sector entities around the world for preparation of general purpose financial statements.
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Public Interest Committee