Sunday 12 July 2020


Independent oversight is necessary for financial markets: investors want to know that the financial information on which they base their capital allocation decisions is credible and reliable. By overseeing the establishment and adherence to high-quality professional standards, the PIOB seeks to further the international adoption and implementation of such standards and improve the comparability of financial statements across the globe.

The PIOB is responsible of ensuring the public interest responsiveness of the processes and structures under its oversight: