ACCA response and ACCA CA ANZ joint response to the Monitoring Group public consultation: Strengthening the Governance and Oversight of the International Audit-Related Standard-Setting Boards in the Public Interest.
CA ANZ and ACCA appreciate the opportunity to comment on Monitoring Group consultation paper. In responding to the proposals and undertaking outreach with our members and stakeholders, we have considered whether the proposals in the consultation paper achieve the aim of strengthening the governance and oversight of the International audit related standards-setting boards in the public interest.
In this letter we highlight specific matters which have been key points of common interest which arose from the consultation carried out by both organisations. Both CA ANZ and ACCA have also submitted individual responses which provide feedback from their constituents on the detail in the consultation paper and process. Both the joint response and ACCA’s individual response are attached.
We look forward to being involved in the consultation as it progresses and encourage an open and transparent approach in relation to the feedback and how it is addressed by the Monitoring Group in subsequent proposals.