NEWYORK- The International Auditing and Assurance Board (IAASB) announced on May 8, 2007 that following the publication of the exposure draft of the International Standard on Auditing ISA 200 (Redrafted) “ Overall Objective of the Independent Auditor, and the Conduct of an Audit in Accordance with International Standards on Auditing” they have noticed printing error in paragraph 8B. The exposure draft can be accessed at http://www.ifac.org/Guidance/EXD-Details.php?EDID=0079.
IAASB has issued the exposure draft in April 2007 the draft is considered part of the IAASB's program to redraft existing standards and to develop new and revised standards following the new drafting conventions.
IAASB is an independent standard setting board within the IFAC. Its objective is to serve the public interest by setting high quality standards on auditing, quality control, review, other assurance and related services.