Template-Type: ReDIF-Article 1.0
Author-Name: Fermín del Valle
Author-Workplace-Name: Director de la carrera de Contador Público Universidad de San Andrés. Argentina.
Title: Proceso de establecimiento de las normas internacionales de auditoría
Abstract: Audit quality contributes to the confidence in the quality of financial statements and promotes their effec-tive use. At the same time, this is essential for the better functioning of the financial and capital markets and the proper management of entities, both private and public. International auditing standards are a key element  to  ensure  the  audit  quality.  The  accounting  profession,  through  the  International  Federation  of  Accountants (IFAC), was the first to rise to the challenge of developing international auditing standards, which was carried out successfully, producing a high-quality set of standards. Based on an alleged per-ception of undue influence of the profession in the standard-setting process, international organisations of regulatory bodies have promoted a reform and issued recommendations that will significantly reduce the  participation  of  this  profession  in  the  standard-setting  process.  Nothing  ensures  that  the  proposed  changes  will  increase  the  standards  quality.  The  accounting  profession  faces  the  challenge  of  finding  a  new position from which to continue effectively fulfilling its mission of promoting high-quality professional practices and serving the public interest. 
Classification-JEL: M42
Keywords: audit, quality, standards, audit quality,international auditing standards, standard-setting process.
Journal: AUDIT.AR
Pages: 9-17
Volume: 1
Issue: 1
Number: 3
Year: 2021
Month: May-October
DOI: https://doi.org/10.24215/27188647e002
File-URL: https://revistas.unlp.edu.ar/auditar/article/view/12095
File-Format: Application/pdf
Handle: RePEc:lap:raudit:3