Audit Data Standards – Update
It’s official. ISO member countries have voted to approve a Technical Committee proposed by China to tackle the development of international standards for how auditors obtain accounting data, including format and content requirements of accounting data elements and data interface output files. As of now there are 13 participating countries and 29 observing countries. XII developed a position on this when it was under consideration and will be keeping a close eye on the work of this technical committee. Check back here for updates. Learn more about ISO/PC 295.