CESR Comments On Commission Consultation On The Adoption Of International Auditing Standards

CESR published today a comment letter on the Commission consultation regarding the adoption of international standards on auditing (ISAs).

In its comment letter, CESR underlines the growing international acceptance of international standards on auditing, as published by the International Auditing and Assurance Standards Board (IAASB). CESR also stressess the attention to the potential benefits of having broadly harmonised standards on auditing that may arise with the introduction of ISAs into the EU.