The International Auditing and Assurance Standards Board (IAASB) 2014/2015 Biennial Report, Championing Change in the Public Interest, explains how the IAASB is responding to the ever-evolving environment in which audits and other assurance services are conducted.

Improvements to IPSAS 2015 sets out amendments to International Public Sector Accounting Standards™ (IPSAS™) for the following:

• Part I: Consequential Amendments Arising from Chapters 1-4 of the Conceptual Framework;
• Part II: General Improvements to IPSAS;
• Part III: IPSAS/Government Finance Statistics Alignment; and
• Part IV: The International Accounting Standards Board's annual improvements and narrow scope amendments projects.