The 3rd meeting of the CEAOB Inspections sub-group (CEAOB ISG) was hosted by the Irish Auditing & Accounting Supervisory Authority (IAASA) in Dublin from 11 to 13 October 2017.
Highlights of the meeting include:

Under the new legislative framework on statutory audits of annual accounts and consolidated accounts and public oversight of the audit profession, the role of Public Interest Entities (PIEs) Audit Committees, which is responsible both for the selection process of statutory auditors or audit firms and for proposing statutory auditors or audit firms and also for monitoring their work, is greatly enhanced.
and for proposing statutory auditors or audit firms and also for monitoring their work, is greatly enhanced.