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in Europe. These undermined public confidence in the conduct and competence of audit practitioners, leading to demand for an overhaul of the IFAC including an independent oversight body to ensure that all standards are in the public interest.
181:(IESBA). The PIOB also oversees the IFAC's Compliance Advisory Panel, which evaluates member body compliance with IFAC Statements of Membership Obligations. The Chair of the PIOB has the right to attend and to speak at IFAC Board meetings.
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314:"International regulators and related organizations announce the Public Interest Oversight Board (PIOB) for the international accountancy profession"
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The board was established through a collaborative effort by members of the international financial regulatory community, working with IFAC, led by
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The PIOB oversees the public interest activities of three independent standard-setting boards supported by IFAC: the
335:"FRC Welcomes the Establishment of a Public Interest Oversight Board for the International Accountancy Profession"
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Creation of the PIOB in 2005 was triggered by a series of corporate scandals including the collapse of
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The PIOB is accountable to the
Monitoring Group, which is composed of the
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focus of the IFAC standards in the areas of audit, education, and ethics.
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153:. The new board was welcomed by regulatory bodies such as the
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Ensure that accountancy standards are in the public interest
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316:. Bank for International Settlements. 28 February 2005
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International Ethics
Standards Board for Accountants
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International
Auditing and Assurance Standards Board
141:(IOSCO) Technical Committee. The first chairman was
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199:International Association of Insurance Supervisors
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288:"Global Overseer of Auditing Rules Is Born"
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384:"IFAC Public Interest Oversight Board"
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337:. FRC. 17 March 2005. Archived from
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386:. Deloitte Global Services Limited
151:Hellenic Capital Market Commission
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411:Organizations established in 1984
360:"Public Interest Oversight Board"
149:who was formerly chairman of the
145:, a professor of finance at the
91:Public Interest Oversight Board
20:Public Interest Oversight Board
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155:Financial Reporting Council
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259:"Why the PIOB was created"
211:Financial Stability Board
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416:Accounting organizations
261:. PIOB. Archived from
39:; 19 years ago
82:http://www.ipiob.org/
341:on 28 September 2011
147:University of Athens
238:"What is the PIOB?"
207:European Commission
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293:The New York Times
143:Stavros Thomadakis
69:Official language
286:(March 1, 2005).
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388:. Retrieved
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263:the original
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135:Michel Prada
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405:Categories
390:2011-06-07
366:2011-06-07
345:2011-06-07
320:2011-06-07
299:2013-07-29
269:2011-06-07
244:2011-06-07
221:References
203:World Bank
165:Activities
185:Oversight
109:Formation
34:Formation
213:and the
127:Parmalat
119:WorldCom
125:and of
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73:English
60:Purpose
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362:. IFAC
240:. PIOB
209:, the
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