This program involved the application of new conventions to all ISAs, either as part of a substantive revision or through a limited redrafting to reflect the new conventions and matters of clarity generally. Observers may attend IAASB meetings, have the privilege of the floor, and may participate in projects. Establishing the IAASB’s, action plan, priorities, and related initiatives, in accordance with the terms of reference, for approval by the IAASB; Establishing and approving changes to the IAASB’s working procedures so that high-quality standards are developed and issued in the public interest in a transparent, efficient, and effective manner; Counseling and advising the IAASB Chair and Technical Director on matters and activities relating to achievement of the objectives of the IAASB; Formulating policies that facilitate and promote global acceptance of. In 2003, IFAC approved a series of reforms designed, among other things, to further strengthen its standard-setting processes, including those of the IAASB, so that they are responsive to the public interest. In 1991, the IAPC’s guidelines were recodified as International Standards on Auditing (ISAs). IAASB meetings shall be chaired by the Chair or, in his/her absence, by the Deputy Chair. The Statement of Purpose of IAASB and National Auditing Standard Setters Liaison was accepted in March 2006 by the participating national auditing standard setters as reflecting the aims of the liaison activities.Currently, the participating national auditing standard setters are from: Australia, Brazil, Canada, China, France, Germany, Hong Kong, India, Japan, Mexico, New Zealand, South Africa, The Netherlands, United Kingdom and United States of America as well as the Nordic Federation.The IAASB has issued guidance for national auditing standard setters that adopt its International Standards with limited modifications. In fulfilling the above objective, the IAASB develops and issues the following International Standards: The IAASB also publishes other pronouncements on auditing and assurance matters, thereby advancing public understanding of the roles and responsibility of professional auditors and assurance service providers. At its meeting in March 2018, the International Auditing and Assurance Standards Board (IAASB) agreed to begin a project to explore the challenges in auditing small and medium-sized entities (SME). Projects on going concern, fraud and the role of technology in audit evidence are at the top of the IAASB’s agenda. As external reporting continues to evolve, the International Auditing and Assurance Standards Board (IAASB), in continuing its dialogue with its stakeholders, is facilitating an open discussion to about its potential role to support credibility and trust in emerging forms of external reporting (referred to as EER). The IAASB will have to find the right balance between making sure that a new standard is well understood and keeping its role focused on international standard-setting. The central authority, monitoring board is responsible for overseeing the IFRS Foundation trustees, participating in the trustee nomination process and approving appointments of new trustees. The IAASB is required to be transparent in its activities, and in developing its International Standards, to adhere to due process as approved by the PIOB. IAASB members may be accompanied at meetings by a technical advisor. (e in b.c))if(0>=c.offsetWidth&&0>=c.offsetHeight)a=!1;else{d=c.getBoundingClientRect();var f=document.body;a=d.top+("pageYOffset"in window?window.pageYOffset:(document.documentElement||f.parentNode||f).scrollTop);d=d.left+("pageXOffset"in window?window.pageXOffset:(document.documentElement||f.parentNode||f).scrollLeft);f=a.toString()+","+d;b.b.hasOwnProperty(f)?a=!1:(b.b[f]=!0,a=a<=b.g.height&&d<=b.g.width)}a&&(b.a.push(e),b.c[e]=!0)}y.prototype.checkImageForCriticality=function(b){b.getBoundingClientRect&&z(this,b)};u("pagespeed.CriticalImages.checkImageForCriticality",function(b){x.checkImageForCriticality(b)});u("pagespeed.CriticalImages.checkCriticalImages",function(){A(x)});function A(b){b.b={};for(var c=["IMG","INPUT"],a=[],d=0;d