The Standardization Administration of China (SAC)has submitted a proposal to ISO for a new international standard focusing on requirements for audit data llection.The aim is to address mmon issues,improve data aessibility and transparency,standardize llection and avoid duplicated efforts.Read the SAC proposal.

The importance of this action and its obvious ties to our mission to improve business reporting has led XII to form a short term task force of stakeholders in the audit information supply chain to evaluate the proposed work item,create an XII point of view and briefing document so that XII members and interested parties can respond to the ISO call for mments on the proposal.

The ADCTF is seeking participants with the following mpetencies:

•XBRL Global Ledger–XBRL GL is XII’s Remmendation for representing ERP data and standardizing the audit information supply chain.

•Acunting and audit standardization –Standards in acunting and audit representation have been established in numerous untries by other standard-setting anizations.Some,such as the AICPA Audit Data Standard,can be represented with XBRL GL.

•Audit methodologies and procres –Practical,hands-on experience with auditing.

•Software development –ERP and acunting software developers and tools used for data extraction,transformation and loading for audit purposes.

This is a member-only initiative.Members have been notified of how to participate.If you are not a member and are interested,please e-mail join@xbrl.

 中文新闻：国家标准委建议ISO制定审计数据标准