The IAESB follows a rigorous due process in developing its pronouncements. Input is obtained from the IAESB’s Consultative Advisory Group (CAG), regulators, IFAC member bodies and their members, other professional accountancy organizations, and the general public.
Exposure Drafts of proposed pronouncements are posted on the IAESB website, comments are invited, and Final Pronouncements are accompanied by a Basis for Conclusions with respect to comments received.
The Public Interest Oversight Board (PIOB) oversees the work of the IAESB and its CAG to ensure that the activities of the IAESB follow due process and are responsive to the public interest.
The IAESB is dedicated to operating as transparently as possible. IAESB meetings are open to the public and agenda papers, background documents and meeting summaries are posted on the website. In addition, the website includes project histories, IAESB Consultation Papers, Exposure Drafts, and all comments made on those by regulators, firms, standard-setters, and others.