The IATA Operational Safety Audit (IOSA) program is an internationally recognized and accepted evaluation system designed to assess the operational management and control systems of an airline. IOSA uses internationally recognized quality audit principles and is designed to conduct audits in a standardized and consistent manner. It was created in 2003 by IATA. The program is designed to assess the operational management and control systems of airlines. The companies are included in the IOSA registry for a period of 2 years following an audit carried out by an organization accredited by IATA. The auditing standards have been developed in collaboration with various regulatory authorities, such as the Federal Aviation Administration (FAA) in the USA, Australia's Civil Aviation Safety Authority, Transport Canada and the Joint Aviation Authorities (JAA). IATA oversees the accreditation of audit organizations, ensure the continuous development of IOSA standards and practices and manages the IOSA registry.