The Foundation supports international ethics, audit, and assurance standards developed in the public interest. The International Auditing and Assurance Standards Board and the International Ethics Standards Board for Accountants issue their standards independently following an approved due process and the Public Interest Framework and are overseen by the Public Interest Oversight Board.
The International Auditing and Assurance Standards Board sets high-quality international standards for auditing, assurance, and quality management that strengthen public conﬁdence in the global profession.
The International Ethics Standards Board for Accountants sets high-quality, international ethics standards for corporate reporting and assurance, including auditor independence requirements, to elevate stakeholders’ trust in corporate information.
The IAASB and IESBA Chairs are the Foundation’s Co-CEOs. In their roles, they lead the strategic direction for their respective standard-setting board, in close coordination with each other, and lead the management team responsible for the Foundation’s day-to-day operations.