Prof. Arnold Schilder, IAASB Chairman, delivered a speech on global progress in the use of the Clarified International Standards on Auditing (ISAs) at CReCER 2011 (June 30, 2011, Buenos Aires, Argentina). "International Auditing and Assurance Standards: Implementation Challenges and Success Factors" reflected on the International Auditing and Assurance Standards Board (IAASB)'s success, including the rapid global adoption of the Clarity ISAs so far. CReCER (Accounting and Accountability for Regional Economic Growth) is a regional event organized by the World Bank, IFAC, the Inter-American Development Bank, the Global Public Policy Committee, which is comprised of the six largest auditing firms in the world, and the Argentine Federation of Professional Councils in Economic Sciences.

To access the entire speech and other speeches delivered by IFAC leadership, visit the Speech Library on the IFAC website.

About the IAASB
The IAASB develops auditing and assurance standards and guidance for use by all professional accountants under a shared standard-setting process involving the Public Interest Oversight Board, which oversees the activities of the IAASB, and the IAASB Consultative Advisory Group, which provides public interest input into the development of the standards and guidance. The structures and processes that support the operations of the IAASB are facilitated by IFAC.

Professional Accountants in Business Committee member Alan Johnson recently gave a presentation on corporate governance during Contabilidad y Responsabilidad para el Crecimiento Económico Regional (Conference for Accounting and Accountability for Regional Economic Growth, or CReCER)

It is my pleasure to be here with you today in the capital of Argentina at CReCER 2011. Before I begin, I’d first like to congratulate the organizers on their bringing together business, professional, and policy leaders from around the world to stimulate debate on strengthening financial systems in new economies. I’d also like to acknowledge Mr. Fermin del Valle, past president of the International Federation of Accountants (IFAC) from Argentina, who is in the audience today. He was IFAC’s president at the time of my appointment as IAASB chairman and hence one of the reasons Argentina holds special meaning for me.

The International Auditing and Assurance Standards Board (IAASB) is an independent standard-setting body that serves the public interest by setting high-quality standards for auditing, review, other assurance, quality control, and related services. Through its standards, the IAASB seeks to enhance the quality and consistency of practice throughout the world and strengthen public confidence in the auditing and assurance professional at the global and local levels.

I was appointed IAASB Chairman in 2009, when the work of my predecessor John Kellas and his team to establish the Clarity International Standards on Auditing (Clarity ISAs) was just completed—so I cannot take credit for that tremendous accomplishment. But I began my role at a very exciting time: taking the new Clarity ISAs and seeing that they are adopted and implemented globally, while also leading the IAASB to explore major new audit and assurance developments.