• Register
Return to: Home > News > Monitoring group announced second consultation

Monitoring group announced second consultation

In a statement the monitoring group – a set of international financial institutions and regulatory bodies responsible for the overall governance of the international audit-related standard-setting process and the review of its effectiveness – said that it had received responses from a wide variety of stakeholders, including investors, the regulatory community, financial institutions, auditors, audit firms, professional bodies and academia.

The monitoring group said it was working towards the publication of a feedback statement over the course of next month and that it will engage in a second consultation in the fall of 2018.

Monitoring group chair Gerben Everts said: “We now enter into the next stage of reform after the first phase of the consultation has ended. I am delighted we received so many responses, which shows the international interest in these important reforms.”

More on the proposed reform can be found here: Monitoring Group Consultation: IFAC’s future in the balance

Top Content

    Australia: risk management loses out to profit

    Accounting giant PwC has been misrepresented by client AMP, one of Australia’s largest financial institutions, in correspondence to the corporate regulator, according to evidence given to the Financial Services Royal Commission (FSRC). Tom Ravlic reports.

    read more

    SASB: a sea change in interest

    With Sustainability Accounting Standards Board (SASB) founder and chair Jean Rogers stepping down from her role, Jeffrey Hales has taken over the position. Jonathan Minter caught up with him to find out his plans for the organisation

    read more

    ICAS: Keeping reputation front and centre

    Jonathan Minter speaks with the new president of ICAS, Sandy Manson, about the profession’s reputational and technological challenges, and how to turn them in to opportunities

    read more

    GDPR: challenge or opportunity?

    With the General Data Protection Regulation (GDPR) finally in force, Joe Pickard investigates attitudes and opinions on what the regulation will mean for the future of accountancy

    read more

    IFRS 9: are we ready for another crisis?

    With the 2008 Banking crisis a decade old, Jonathan Minter speaks to Burkhard Eckes, chair of the Banks Working Party, about the work of the group and how IRFS 9 is looking to prepare banks for another crash.

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.