Building Trust Through Dialogue, Leadership, and Standards

Throughout 2025, the IAASB and IESBA focused on listening to stakeholders and responding to an evolving reporting environment. This included advancing work on technology and quality management, fraud and going concern, private equity investment in accounting firms, and firm culture and governance, alongside supporting implementation of recently issued standards, including those addressing sustainability assurance and ethics and independence for sustainability reporting and assurance. The Boards also expanded opportunities for global dialogue with stakeholders, including through the inaugural IESBA global conference, Ethics and Audit Independence, bringing together stakeholders to exchange perspectives on the issues shaping the future of the profession and international standard setting.

The report also highlights the continued evolution of collaboration between the IAASB and IESBA, including coordinated strategic planning, joint stakeholder engagement, coordinated implementation support, and technical collaboration. Together, these efforts help strengthen trust in financial and sustainability reporting and support high-quality global standards that serve the public interest.

Explore how the IESBA and IAASB delivered on their public interest mandates in 2025 below or download the PDF here.