The International Forum of Independent Audit Regulators (IFIAR) is a global member organization comprising independent audit regulators from 56 jurisdictions.
IFIAR was established in Paris in 2006. Its members are audit regulators and supervisors from the continents of Africa, Asia, Europe, North and South America and Oceania.
Activities IFIAR holds a Plenary meeting annually to discuss broad issues related to audit quality matters.
There are five formal Working Groups that meet regularly throughout the year and submit their deliverables to the Plenary meeting:
Enforcement Working Group: chaired by Elizabeth Barrett, FRC, United Kingdom Global Audit Quality Working Group: chaired by Kara Stein, PCAOB, United States Investor and Other Stakeholder Working Group: chaired by Peter Hofbauer, APAB, Austria Inspection Workshops Working Group: chaired by Askin Akbulut, AOB, Germany Standards Coordination Working Group: chaired by James Ferris, FRC, United Kingdom
Inspection Findings Survey Since 2012, IFIAR conducts Annual Inspection Findings Survey and publishes its report.IFIAR Annual Inspection Findings Survey These reports show general trends of audit inspection findings.
Membership As of September 2024, IFIAR has 56 members. IFIAR members are divided into two categories: Members Associate members
Multilateral Memorandum of Understanding
IFIAR Members approved the MMOU concerning co-operation in the exchange of information for audit oversight on June 30, 2015. Currently, 22 members signed the MMOU.IFIAR MMOU list of signatories
IFIAR Board The IFIAR Board was established in April 2017. Current Board Members are Australia,Australian Securities & Investments Commission (ASIC) Brazil,Securities and Exchange Commission of Brazil (CVM) Canada,Canadian Public Accountability Board (CPAB) Chinese Taipei,Financial Supervisory Commission (FSC) France,High Authority for Audit(H2A) Germany,Auditor Oversight Body (AOB) Greece,Hellenic Accounting and Auditing Standards Oversight Board (HAASOB) Ireland,Irish Auditing & Accounting Supervisory Authority (IAASA) Japan,Financial Services Agency (FSA) the Netherlands,Dutch Authority for the Financial Markets (AFM) Singapore,Accounting and Corporate Regulatory Authority (ACRA) South Africa,Independent Regulatory Board for Auditors (IRBA) Switzerland, Turkey,Capital Markets Board of Turkey (CMB)Public Oversight, Accounting and Auditing Standards Authority (POA) the United KingdomFinancial Reporting Council (FRC) and the United States.Public Company Accounting Oversight Board (PCAOB)
References
External links IFIAR website