5 Oct. 2016
AUASB issues revised Australian Auditing Standard ASA 810
The AUASB has released revised Australian Auditing Standards ASA 810 Engagements to Report on Summary Financial Statements.
The revision aligns to recent changes made by the International Auditing and Assurance Standards Board (IAASB) to its equivalent International Standards on Auditing.
The revisions, are mainly to application and explanatory guidance, and seek to assist auditors in applying the new and revised auditor reporting and other information standards in the context of an ASA 810 engagement.
The changes arising from the revised standard will be effective for financial reporting periods ending on or after 15 December 2016.