INTERNATIONAL AUDITING STANDARDS :
International Auditing standards are issued by the International Auditing and Assurance Standards Board (IAASB). IAASB is a body of International federation of accountants (IFAC). It is an independent standard-setting body that serves the public interest by setting high-quality international standards for auditing, assurance, and other related standards, and by facilitating the convergence of international and national auditing and assurance standards.