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What is AASC and IAASB: Key Insights on Standards about?

The AASC is authorized to establish auditing standards in the Philippines and aims to harmonize local standards with IAASB pronouncements to enhance reliability and acceptability of audited financial statements. AASC members are appointed to represent various perspectives while prioritizing public interest objectives. The IAASB believes high-quality international standards contribute to engagement quality, consistency, and public confidence globally. It seeks to remain relevant by operating accountably and

Author

Ian Paul CONSTANTINO

Language

EN