The AUASB has finalised its submission to the IAASB's Fraud and Going Concern in an Audit of Financial Statements Discussion Paper.... Read more
18 Dec. 2020
Office closure 2020-21
Our offices will be closed for the holiday period from 24 December and will re-open on Monday 11 January 2021. We wish you a happy and safe holiday period.
The IAASB has published a new communique detailing plans for a new standalone LCE standard, including current thinking on what the standard will look like, what entities it will apply to, and the development timeline.... Read more
Looking for ASA 540 resources and answers to some commonly asked questions about implementing ASA 540? Look at our new dedicated portal on the AUASB website relating to Auditing Accounting Estimates.... Read more
The AUASB has released a revised version of ASRS 4400 Agreed-Upon Procedures Engagements which is operative for agreed-upon procedures engagements for which the terms of engagement are agreed on or after 1 January 2022 (with early adoption permitted).... Read more
The International Auditing and Assurance Standards Board (IAASB) Technology Working Group released a new non-authoritative frequently asked questions publication on using automated tools and techniques in identifying and assessing risks of material misstatements in accordance with International Standard on Auditing 315 (Revised 2019), Identifying and Assessing Risks of Material Misstatement.... Read more
The IAASB is on the edge of something new as they continue on the path to address, complexity and scalability in the ISAs.... Read more
The Auditing and Assurance Standards Board (AUASB) welcomes the release of the final report of the Parliamentary Joint Committee’s (PJC) on Corporations and Financial Services Inquiry on the Regulation of Auditing in Australia.
... Read more
9 Nov. 2020
AUASB Chair Podcast - Should there be a cut down version of auditing standards for auditors dealing with simple entities?
Roger Simnett, AUASB Chair was featured in a podcast hosted by journalist Tom Ravlic asking “Should there be a cut down version of auditing standards for auditors dealing with simple entities?”.
Access a recording of the Podcast here or via your usual Podcast platform.
The AUASB in conjunction with the CA ANZ and CPA Australia is seeking input from Australian stakeholders in order to inform them on the important topic of fraud in the audit of financial statements. To facilitate gathering stakeholder’s views and available evidence, the AUASB are holding a roundtable for audit practitioners, audit academics, standard setters, financial report preparers, forensic accountants, insolvency practitioners and regulators to explore the questions raised in a recent IAASB’s discussion paper on this topic. ... Read more
This IAASB FAQ assists auditors in understanding whether a procedure involving automated tools and techniques may be both a risk assessment procedure and a further audit procedure.
It also provides specific considerations when using automated tools and techniques in performing substantive analytical procedures in accordance with International Standard on Auditing 520, Analytical Procedures (AUASB equivalent ASA 520 Analytical Procedures).
... Read more
The AUASB seeks feedback on the IAASB's Discussion paper on Fraud and Going Concern.
As the auditor’s role in relation to fraud and going concern in audits of financial statements continues to receive heightened public attention, amplified by high-profile corporate failures, the IAASB has recognised the need to further explore these topics, and has released a Discussion Paper on Fraud and Going Concern in an Audit of Financial Statements to seek feedback. The feedback collected by the IAASB will inform decisions about possible further actions on these topics. The AUASB seeks feedback from Australian stakeholders to inform them in providing feedback to the IAASB on these important topics.
... Read more
The AUASB has issued a revised version of AUASB Guidance Statement GS 012 Prudential Reporting Requirements for Auditors of Authorised Deposit-taking Institutions (ADIs) and ADI Groups. The revised GS 012 provides guidance to the appointed auditor of an ADI and/or ADI group, reporting pursuant to the prudential reporting requirements specified by APRA in Prudential Standards APS 310/3PS 310 Audit and Related Matters, and APS 910 Financial Claims Scheme.... Read more
2021 Graduate Program
Each year, the Auditing and Assurance Standards Board (AUASB) invites one or more graduate or postgraduate Accounting students to participate in their Graduate Program. The Graduate Program will allow students to gain experience and exposure to all facets of auditing and assurance standard setting, from the technical behind-the-scenes work required to create or amend standards, through to project management, communications, and research. Applications close 23 October 2020, click here for further information.
The IAASB is seeking feedback via a survey from Auditors and users of Auditor Reports on the changes that were made to the Auditors’ Report implemented from December 2016. This feedback will influence the direction of the IAASB and whether there will be future changes to the auditor’s report. The AUASB also wants to hear your views. This is an extensive survey and stakeholders may find it useful to draft and edit this in word before completing and submitting it online. As this is a confidential response to the IAASB, if considered appropriate, we also ask that stakeholders provide us a copy of your response to the survey (in word form) or send us your main points via email, as well as completing this online to the IAASB, in order to inform AUASB’s deliberations.
The IAASB survey closes on 23 October 2020. the AUASB would appreciate any feedback before this date in order to inform them on their response.
... Read more
21 Jul. 2020
The AUASB issues conforming amendments to the Australian Auditing Standards resulting from the revised APES 110 Code of Ethics for Professional Accountants (including Independence Standards).... Read more
15 Jul. 2020
The AUASB Chair, Professor Roger Simnett AO, welcomes the release of the Monitoring Group’s (MG) final report Strengthening the International Audit and Ethics Standard-Setting System, describing enhancements to the international audit and ethics standard-setting systems. These are aimed at enhancing the governance arrangements of the International Audit and Assurance Standards Board and International Ethics Standards Board for Accountants.... Read more
Register to participate in our virtual roundtable on the recently issued AUASB Consultation Paper exposing (ISA) 600 (Revised), Special Considerations—Audits of Group Financial Statements (Including the Work of Component Auditors).
... Read more
IFAC invites auditing and assurance practitioners to join its weekly webinar series – ‘Practical Audit Quality Considerations for Auditing in the Pandemic Environment - Planning, Execution, Auditor Reporting and Looking Ahead', starting on Thursday July 9.... Read more
The AUASB has released the revised ASRE 2410 Review of a Financial Report Performed by the Independent Auditor of the Entity (July 2020) with the operative date being for financial reporting periods commencing on or after 1 July 2020 with early adoption permitted.... Read more
Click Here to access the AUASB’s recent Webinar on the Exposure Draft for ISA 600 Special Considerations—Audits of Group Financial Statements (Including the Work of Component Auditors).... Read more
The AUASB has issued a revised GS 009 Auditing Self-Managed Superannuation Funds (GS 009). The revised Guidance Statement identifies and clarifies the responsibilities approved self-managed superannuation fund (SMSF) auditors have with respect to conducting SMSF audit engagements.... Read more
11 Jun. 2020
The AUASB today released a Consultation Paper on the exposure draft of proposed International Standard on Auditing (ISA) 600 (Revised), Special Considerations—Audits of Group Financial Statements (Including the Work of Component Auditors. Comments are requested by 4 September 2020.... Read more
1 Jun. 2020
The AUASB congratulates its Chair, Professor Roger Simnett on his induction into the Australian Accounting Hall of Fame…... Read more
26 May. 2020
A vacancy has arisen on the Audit, Finance and Risk Committee for the Australian Accounting Standards Board (AASB) and the Auditing and Assurance Standards Board (AUASB).... Read more
21 May. 2020
COVID-19 is having an unprecedented impact on the economic outlook for the Australian and global economy. For the first time, many entities will be required to consider their solvency and ability to continue operating as a going concern in more detail. The AASB and AUASB have released a new publication on the impact of COVID-19 on Going Concern and related assessments. Refer to the COVID-19 page for this and a series of FAQs on matters for auditors to consider.... Read more
20 May. 2020
The AUASB Meeting 117 Agenda is now available... Read more
19 May. 2020
The coronavirus pandemic has thrown up a range of issues directors and auditors must worry about as they examine financial issues that stakeholders will see play out for the June 30 year end.... Read more
19 May. 2020
The COVID-19 pandemic may impact the work of auditors in relation to auditing accounting estimates and related disclosures. The AUASB have released a series of Frequently Asked Questions (FAQs) on this topic which are designed to assist practitioners apply revised ASA 540 Auditing Accounting Estimates and Related Disclosures on this issue. The FAQs are suitable for reference by auditors whether or not they have adopted the recently revised ASA 540.... Read more
28 Apr. 2020
The AUASB held a Webinar on 27 April 2020 on the proposed revisions to ASRS 4400 Agreed-Upon Procedures Engagements (ED 01/20) which can be accessed here. We encourage all our stakeholders to respond to the AUASB on this Exposure Draft by 11 May 2020.... Read more
15 Apr. 2021
The AUASB Meeting 116 Agenda is now available... Read more
9 Apr. 2020
The AUASB extends its congratulations to our current AUASB Board member and NZAuASB Chair Robert Buchanan on his appointment to the Public Interest Oversight Board (PIOB)—the global, independent oversight body that seeks to improve the quality and public interest focus of the international audit and assurance, and ethics standards.... Read more
3 Apr. 2020
Are you a practitioner who performs agreed-upon procedures engagements or a user of agreed-upon procedures reports? Have you seen the recently released Exposure Draft 01/20: Proposed Standard on Related Services ASRS 4400 Agreed-Upon Procedures Engagements (ED 01/20)? If so, this webinar on Monday, 27 April at 11am is for you.... Read more
On 26 March 2020, the AUASB, in conjunction with the CA ANZ and CPA Australia, presented an interactive webinar discussing the IAASB’s proposed scope for revising ISA 500 Audit Evidence. The webinar explored the key challenges identified by the IAASB in applying the audit evidence standard, the fundamental issues not covered by the challenges and how the challenges could be addressed. We are now seeking feedback from Australian stakeholders on the IAASB’s proposals.... Read more
31 Mar. 2020
To supplement the AASB-AUASB Joint FAQ publication already released the AUASB has also developed and published a series of additional COVID-19 related Frequently Asked Questions (FAQs).... Read more
AASB-AUASB Update on Coronavirus
In response to the evolving situation regarding COVID-19, AASB-AUASB staff are working remotely as a precautionary measure. Our operations are continuing full-time and staff are contactable by email and telephone. In the interests of public safety, AASB-AUASB staff will not be holding face-to-face meetings until further notice. We encourage our stakeholders to follow similar safety measures as the wider community works together to overcome the impact of COVID-19.
18 Mar. 2020
Organisations are increasingly reporting about their broader performance or impact (“Extended External Reporting” or “EER”) either voluntarily or as required by law or regulation, and there is a growing demand for assurance engagements on such reporting. In response, the International Auditing and Assurance Standards Board (IAASB) has developed for feedback it’s non-authoritative EER Guidance and is requesting public input by July 13, 2020.... Read more
17 Mar. 2020
This AASB–AUASB Joint FAQ describes the key financial reporting and auditing considerations and impacts arising from the Coronavirus (COVID-19) pandemic.
... Read more
On 3 March 2020, the AUASB approved to issue the revised GS 005 Evaluating the Appropriateness of a Management’s Expert’s Work (GS 005). The updates made to GS 005 enhance audit quality in the area of the auditor’s use management’s experts and provide additional guidance to practitioners.... Read more
13 Mar. 2020
The AUASB has released the revised ASA 315 Identifying and Assessing the Risks of Material Misstatement with the operative date being for financial reporting periods commencing on or after 15 December 2021. Early adoption is permitted prior to this date.
The AUASB have released revised ASA 315 to reflect revisions made by the International Auditing and Assurance Standards Board to ISA 315. ISA 315 is an important part of the IAASB’s efforts to improve audit quality by encouraging a more consistent and robust risk assessment to drive an appropriate and effective response to those risks. ... Read more
10 Mar. 2020
The AUASB on behalf of the NZAuASB, CAANZ and CPA Australia are presenting an interactive webinar to discuss the IAASB’s proposed scope for revising ISA 500 Audit Evidence. The webinar will explore:
- The 15 key challenges identified by the IAASB in applying the audit evidence standard
- Which of the challenges cause the most difficulty in practice
- What actions stakeholders would like to see to address those challenges.
Your responses during the webinar will directly influence the IAASB’s audit evidence revisions. ... Read more
2 Mar. 2020
The Chair of the Auditing and Assurance Standards Board (AUASB), Professor Roger Simnett AO, welcomes the release of the Parliamentary Joint Committee on Corporations and Financial Services’ Interim Report into the Regulation of Auditing in Australia.... Read more
27 Feb. 2020
This AUASB Bulletin (The Revised Code of Ethics and the Auditor’s Report) describes the key changes and implications arising from the revised and restructured APES 110 Code of Ethics for Professional Accountants (including Independence Standards).... Read more
25 Feb. 2020
CPA Australia and the Australian Auditing and Assurance Standards Board are delighted to co-host a presentation by the new Chair of the IAASB, Tom Seidenstein, on Priorities & Challenges: International Audit & Assurance Standards. Following the presentation will be an expert panel discussion with AUASB Chair Roger Simnett, IAASB Deputy Chair Fiona Campbell and other guests.... Read more
AUASB Board Member Vacancies
The AUASB is currently advertising for outstanding candidates to join its Board, starting in July 1, 2020 and running for a three year term (with a possible extension available). More information about the position can be found on the Financial Reporting Council’s website here.
19 Dec. 2019
Office closure 2019-20
Our offices will be closed for the holiday period from 24 December and will re-open on Monday 6 January 2020. We wish you a happy and safe holiday period.
20 Dec. 2019
The AUASB has reissued ASA 102 Compliance with Ethical Requirements when Performing Audits, Reviews and Other Assurance Engagements. ... Read more
19 Dec. 2019
The December 2019 AUASB Update Newsletter is now available. The newsletter captures the key audit and assurance publications and developments from the AUASB in the last few months. We welcome feedback or queries about any of the details via email.... Read more
18 Dec. 2019
The Chair of the Auditing and Assurance Standards Board (AUASB), Professor Roger Simnett AO, welcomes the release of the Australian Securities and Investment Commission’s (ASIC) Audit inspection report for 2018–19.... Read more
18 Dec. 2019
The AUASB is revising GS 008 The Auditor's Report on a Remuneration Report Under Section 300A of the Corporations Act 2001. If you’re an audit practitioner of listed entities or another interested stakeholder, the AUASB welcomes your feedback on the update of this Guidance Statement.... Read more
13 Dec. 2019
The AUASB has issued a new AUASB Bulletin on ASA 540 Auditing Accounting Estimates and Related Disclosures which describes the key changes and implications arising from this standard for not only auditors, but also all parties involved in the financial reporting supply chain (i.e. preparers, those charged with governance, etc).... Read more
12 Dec. 2019
by Professor Elizabeth Carson
This report authored by Professor Elizabeth Carson from UNSW Sydney provides an evidence-based perspective on the size and changes in the non-audit services market in Australia for ASX listed companies. ... Read more
12 Dec. 2019
AUASB Chair, Prof. Roger Simnett AO gave evidence to the Parliamentary Joint Committee on Corporations and Financial Services Inquiry into the Regulation of Auditing in Australia on 29 November 2019.... Read more
11 Dec. 2019
The AUASB is revising GS 009 Self-Managed Superannuation Funds (SMSF). If you’re an SMSF practitioner or other interested stakeholder, the AUASB welcomes your feedback on the update of this Guidance Statement.... Read more
11 Dec. 2019
The IAASB has published its latest Tech Talk, the second in a series of publications that provides an update on efforts to appropriately address the technology related issues in recently and soon-to-be issued standards and exposure drafts.... Read more
6 Dec. 2019
Highlights and Podcast of December meeting now available
The highlights and podcast of the December 2019 AUASB meeting are now available. The key discussion topics included a review of December 2019 IAASB papers, an update on work undertaken by the joint AUASB/NZAuASB subcomittee on ASRE 2410 Review of a Financial Report Performed by the Auditor of the Entity, and more.
14 Nov. 2019
The IAASB has published its latest Professional Scepticism Communique, the third in a series of publications providing updates on the IAASB’s efforts to appropriately address professional scepticism in its standards.... Read more
The AUASB has provided a Submission to the Parliamentary inquiry into regulation of auditing in Australia
The AUASB supports all activities that promote continuous improvement in audit quality, transparency and professional conduct across the auditing profession. In its submission the AUASB emphasised its support of evidence-informed, best practice initiatives aimed at improving the quality of audit and financial reporting in Australia, and that improving audit quality requires interaction between, and action by, all key parties / stakeholders in the financial reporting supply chain. Link to submission
11 Oct. 2019
AUASB Research Report: Audit market structure and competition in Australia, 2012 - 2018
This report authored by Professor Elizabeth Carson from UNSW Sydney provides an evidence-based perspective on the market for the listed company audits in Australia – an important consideration when assessing the current regulations governing the Australian audit market and many of the associated issues highlighted in the terms of reference for the current Parliamentary Joint Committee on Corporations and Financial Services Inquiry into the regulation of auditing in Australia.
1 Oct. 2019
September Update Now Available
The AUASB September Update is now available. Check out our new format as well as recent AUASB submissions and articles, details of our recent meetings and links to a number of relevant International Auditing and Assurance Items of Interest. We welcome feedback on the new format or queries about any of the details via email.
26 Sep. 2019
Today is #AuditorProud Day – where we take a moment to celebrate the contribution of auditors around the world.... Read more
26 Sep. 2019
The AUASB are undertaking a survey to assurance practitioners on Extended External Reporting (EER) Assurance. The information from the survey will inform the AUASB on current practices for EER Assurance and whether these practices currently go beyond ISAE 3000.... Read more
Highlights and Podcast of September meeting now available
The highlights and podcast of the September 2019 AUASB meeting are now available. The key discussion topics included a review of September 2019 IAASB papers with the main agenda item being ISA 315 Identifying and Assessing the Risks of Material Misstatement, feedback from stakeholders on our exposure draft for ASRE 2410 Review of a Financial Report Performed by the Auditor of the Entity, and more.
AUASB Board Member Vacancies
The AUASB is currently advertising for outstanding candidates to join its Board, starting in January 1, 2020 and running for a three year term (with a possible extension available). More information about the position can be found on the Financial Reporting Council’s website here
In his latest article for the University of NSW Business School publication, Business Think, AUASB Chair Roger Simnett asks whether a broader use of auditing standards will increase trust. Roger also addresses the issue of assurance quality and credibility in reports, as some practitioners may reference the standards, but elect to not fully apply them. ... Read more
2 Aug. 2019
The Chair of the Auditing and Assurance Standards Board (AUASB), Professor Roger Simnett AO, welcomes the news that the Parliamentary Joint Committee on Corporations and Financial Services will be investigating the regulation of auditing in Australia.... Read more
We are very pleased to announce that Prof. Elizabeth Carson from UNSW Sydney and Dr. Amanda White from UTS Sydney are joining the AUASB as academic scholars for the period July – December 2019. Professor Carson and Dr. White will work with the AUASB Chair and the Technical Group on research topics that are mutually agreed and relevant to the outcomes of the AUASB, including audit markets, auditor reporting, auditor decision making, and engaging with the profession.... Read more
Update to request for comment: ED 01 19 ASRE 2410 Review of a Financial Report Performed by the Auditor of the Entity Addendum to Explanatory Memorandum
The AUASB released Exposure Draft 01/19 on 16 May 2019. Subsequent to this, the NZAuASB have released their equivalent Exposure Draft. Whilst the majority of the proposed changes in the EDs are consistent, the AUASB and the NZAuASB have alternate views on how to describe, in the auditor’s review report, the auditor’s responsibility in relation to going concern.
To seek feedback the AUASB have released an Addendum to its Explanatory Memorandum, and have extended the comment period for ED 01/19 to 28 August 2019, to allow stakeholders time to further consider this matter.
To view ED 01/19, the Explanatory Memorandum and Addendum, please click here .
23 Jul. 2019
The AUASB Bulletin released: Auditor's Responsibilities and the Financial Reporting Framework. The purpose of this bulletin is to remind auditors of their responsibilities in relation to considering the FRF when auditing a financial report. In addition, this Bulletin alerts auditors to additional disclosure requirements being proposed for financial reports prepared using a SPF. ... Read more
Audit practitioners globally are raising concerns about the growing level of complexity of the auditing standards and the difficulties in applying them to audits of small entities. The AUASB has released a short survey on Audits of Less Complex Entities (LCE) to obtain Australian Stakeholder’s feedback on this important topic.... Read more
2 Jul. 2019
The AUASB submitted its responses to the IAASB’s Quality Management EDs. Whilst supportive of the overall concepts in the EDs, the AUASB raised concern the greater complexity and detail make the standards more challenging to apply for all auditors.... Read more
27 Jun. 2019
2020 Graduate Program
Each year, the Australian Accounting Standards Board (AASB) and the Auditing and Assurance Standards Board (AUASB) invite one or more graduate or postgraduate Accounting students to participate in their Graduate Program. The Graduate Program will allow students to gain experience and exposure to all facets of accounting and auditing standard setting, from the technical behind-the-scenes work required to create or amend standards, through to project management, communications, and research. Applications close August 30, 2019, click here for further information.
Webinar: Proposed Revisions to ASRE 2410 Now Available
The recording of the AUASB’s webinar on Proposed revisions to ASRE 2410 Review of a Financial Report Performed by the Auditor of the Entity, held on 25 June 2019 is now available
24 Jun. 2019
Email Outage Between 21/06 and 24/06
The AASB and AUASB experienced technical difficulties between 9am on Friday, June 21 and 3pm on Monday, June 24. As a result, incoming emails were not received. We apologise for this inconvenience and kindly ask you to re-send any emails you attempted to send during this period. All email activity has resumed as normal and no further delays or interruptions are expected at this point in time.
17 Jun. 2019
Highlights and Podcast of June meeting now available
The highlights and podcast of the June 2019 AUASB meeting are now available. The key discussion topics included a review of June 2019 IAASB papers, the AUASB's Quality Management Standards Submission, Audit Quality developments, and more.
11 Jun. 2019
AUASB Submission on the IAASB Proposed Strategy for 2020-2023 and Work Plan for 2020-2021
In its submission to the IAASB on their Proposed Strategy for 2020-2023 and Work Plan for 2020-2021 the AUASB considers the Proposed Strategy and Work Plan supports the IAASB’s objectives We commend the IAASB and its staff on the structure and content of the document, and note the strong alignment with many aspects of our current AUASB Strategy and Work Plan. However, there are a number of headline matters which the AUASB highlight as worthy of consideration and potential change to the IAASB’s Proposed Strategy and Work Plan in our response.
Roger Simnett, AUASB Chair, featured on CPA Podcast: Climate-related Risk Disclosures
Roger Simnett (AUASB Chair) and Kris Peach (AASB Chair) recently sat down with John Purcell, Policy Adviser ESG at CPA Australia to discuss climate-related risks disclosures.
Listen to the Podcast here.
23 May. 2019
Upcoming Webinar on June 25, 2019: Proposed revisions to ASRE 2410 Review of a Financial Report Performed by the Auditor of the Entity
Are you an auditor of a listed entity who performs interim reviews under ASRE 2410? Have you seen our recently released ED 01/19 which proposes amendments to the format and content of the auditor’s review report as a result of the enhanced auditors report? The AUASB is holding a webinar on 25 June 2019, at 10.00am, to equip you with the information you need to understand what is being proposed, and why, and to give you an opportunity to provide feedback.
Please send any questions you have to enquiries@ausb.gov.au, so we can cover them, and remember that comments are due to 9 August 2019, or earlier.
Register here.
16 May. 2019
The AUASB is seeking comments on Exposure Draft 01/19 ASRE 2410 Review of a Financial Report Performed by the Auditor of the Entity (ED 01/19).
Comments are due by 9 August 2019. In addition to issuing this exposure draft the AUASB will hold a webinar to inform stakeholders of the main proposals and to gather feedback. Details to follow.... Read more
16 May. 2019
The AUASB currently has out for exposure three interrelated proposed auditing standards that address quality management at the firm and engagement level, with roundtables starting from next week.... Read more
13 May. 2019
The Auditing and Assurance Standards Board are pleased to release the Audit Quality in Australia: The Perspectives of Professional Investors
The Auditing and Assurance Standards Board are pleased to release the Audit Quality in Australia: The Perspectives of Professional Investors, which reports the results of a survey conducted jointly with the FRC. As the objective of an external audit is to provide confidence to investors in the quality of financial reports, their views are vitally important. This survey was conducted to gather their views on audit quality, the value of audit, and the factors that influence these. We thank the investors who completed this survey. This survey forms part of the work the AUASB are performing in conjunction with the FRC, to understand key stakeholders' views on audit quality in Australia.
29 Apr. 2019
The IAASB has published a new Discussion Paper Audits of Less Complex Entities: Exploring Possible Options to Address the Challenges in Applying the International Standards on Auditing (ISAs) which seeks to further understand the challenges of using the ISAs in audits of less complex entities—and views about possible actions to address these challenges.
Feedback on this document is requested to the AUASB by 31 August 2019 from all interested stakeholders.
... Read more
29 Apr. 2019
The Australian Auditing and Assurance Standards Board (AUASB) seeks public comment on a number of current AUASB Exposure Drafts (EDs) and International Auditing and Assurance Standards Board (IAASB) Consultation papers this month.... Read more
29 Apr. 2019
The Australian Auditing and Assurance Standards Board (AUASB) seeks public comment on its submission to the International Auditing and Assurance Standards Board’s Proposed Strategy for 2020–2023 and Work Plan for 2020–2021.... Read more
29 Apr. 2019
The Australian Auditing and Assurance Standards Board (AUASB) seeks public comment by 5 June 2019 on three interrelated IAASB standards that address quality management.... Read more
23 Apr. 2019
EER encapsulates many different forms of reporting, including—but not limited to—integrated reporting, sustainability reporting, and other reporting by entities about environmental, social and governance matters. The IAASB is consulting on its progress in developing draft guidance in the first phase of its EER Assurance project.... Read more
7 Mar. 2019
The Auditing and Assurance Standards Board would like to extend its congratulations to our Chair, Scientia Professor Roger Simnett, who has been inducted into the Australian Accounting Hall of Fame.... Read more
18 Feb. 2019
Watch our latest webinar, Proposed Revisions to ISRS 4400 Agreed Upon Procedures Engagements, here.... Read more
8 Feb. 2019
New compilations as a result of the issuance of ASA 540 Auditing Accounting Estimates and Related Disclosures are now available on the pronouncements page.
...
Read more
24 Jan. 2019
The Chair of the Auditing and Assurance Standards Board (AUASB), Professor Roger Simnett AO, welcomes the release of the Australian Securities and Investment Commission’s (ASIC) Audit Inspection Findings for 2017-18..... Read more
16 Jan. 2019
Are you a practitioner who performs agreed-upon procedures engagements or a user of agreed-upon procedures reports? Have you seen the recently released AUASB Consultation Paper Agreed-Upon Procedures Engagements? If so, this webinar on Friday, 8 February at 10am is for you...... Read more
21 Dec. 2018
Office Closure
Our Offices will be closed for the holiday period on 12.00pm Friday 21 December and will re-open at 9.00am on Monday 7 January 2019. We wish you a happy and safe holiday.
13 Dec. 2018
If you are in an industry impacted by climate-related risks your financial reporting considerations have now changed as a result of your investors publicly stating that their decisions are being impacted by climate-related risks..... Read more
11 Dec. 2018
The AUASB has released the updated AUASB Glossary, which sets out the terms defined, or used in, the suite of AUASB Standards. A number of general terms are included to provide useful guidance to auditors and assurance practitioners..... Read more
11 Oct. 2018
AUASB-NZAuASB Webinar: ASA 315 Exposure Draft – Question and answer recording available
Co-hosted with the NZAuASB, this 90-minute webinar features IAASB Member and Chair of the ISA 315 Task Force, Fiona Campbell, who answers stakeholder questions on proposed ASA 315 Identifying and Assessing the Risks of Material Misstatements included in ED 01/18.... Read more
18 Sep. 2018
AUASB-NZAuASB Webinar: ASA 315 Exposure Draft – Question and answer session
AUASB-NZAuASB Webinar: ASA 315 Exposure Draft – Question and answer session: Co-hosted with the NZAuASB, this 90-minute webinar features IAASB Member and Chair of the ISA 315 Task Force, Fiona Campbell, who is available to answer questions on proposed ASA 315 Identifying and Assessing the Risks of Material Misstatements included in ED 01/18. Further information.
17 Sep. 2018
AUASB September Meeting Highlights available
AUASB September Meeting Highlights available: Highlights from the September AUASB Board Meeting are available to read or listen to.
28 Aug. 2018
Three vacancies currently exist for appointment as a part-time member of the Auditing and Assurance Standards Board (AUASB).... Read more
20 Aug. 2018
AUASB-NZAuASB Webinar: ASA 315 Exposure Draft – recording and presentation available: Jointly hosted with the NZAuASB, this 90-minute webinar features IAASB Member and Chair of the ISA 315 Task Force Fiona Campbell, who explains the key revisions to the auditor’s risk assessment procedures, included in ED 01/18 proposed ASA 315 Identifying and Assessing the Risks of Material Misstatement. Listen to the recording. Download the slides.... Read more
20 Aug. 2018
The FRC releases its Position Statement on External Reporting: In response to increasing demand from investors and other stakeholders for more than just financial statements, the Financial Reporting Council (FRC) has released its Position Statement on External Reporting.... Read more
14 Aug. 2018
Open for registration: Have you say on Exposure Drafts ASA 315 and ASA 540
Open for registration: Have you say on Exposure Drafts ASA 315 and ASA 540 – To be held across Australia during September/October, these roundtable discussions will give attendees the opportunity to share their views and insights into two recently released Exposure Drafts. More information and registration.
14 Aug. 2018
Auditor Reporting FAQ update
Auditor Reporting FAQ update: The Auditor Reporting FAQ has been updated to include Question B14 which addresses the question of whether Key Audit Matters are likely to, or should, change each year. Go to the FAQ.
7 Aug. 2018
Have your say: EDs ASA 315 and ASA 540
Have your say: The AUASB invites comments on Exposure Drafts of revisions to ASA 315 Identifying and Assessing Risks of Material Misstatement and ASA 540 Auditing Accounting Estimates and Related Disclosures. Read more.
1 Aug. 2018
IAASB global discussion on EER: The IAASB is holding a series of discussions globally, with the Australian discussion to be held in Sydney on Friday 2 November to help shape the future of assurance over emerging forms of external reporting (EER).... Read more
27 Jul. 2018
AUASB Teleconference to review and approve new Exposure Drafts
The AUASB has scheduled an additional meeting on Tuesday 31 July 2018 to review and approve AUASB Exposure Drafts (EDs) for ISA/ASA 315 Identifying and Assessing the Risks of Material Misstatement, ASA 540 Auditing Accounting Estimates and Related Disclosures, and associated EDs addressing conforming amendments to the ASAs arising from these two revised standards. Read more.
10 Jul. 2018
IAASB June 2018 Meeting update
IAASB June Meeting update: a summary of outcomes from this meeting includes updates on ISA 540, ISA 315 and ISQC 1 is available here.
15 Jun. 2018
AUASB June Meeting Highlights
AUASB June Meeting Highlights available: Highlights from the June AUASB Board Meeting are available to read or listen to.
10 May. 2018
May newsletter now available
The AUASB May newsletter is now available. Topics covered include the upcoming joint AASB-AUASB Perth forums, the reissuance of ASA 102, improving transparency of the auditor's work in 'Other Information', and international updates.
8 May. 2018
Joint AASB-AUASB Perth Forums – May
Joint AASB-AUASB Perth Forums – May: The AASB and AUASB are collaborating to host the following three forums in Perth next month. Go to the Upcoming Events page for further information and to register.
26 Apr. 2018
AUASB April Meeting Highlights available
AUASB April Meeting Highlights available: Highlights from the April board meeting are now available to read or listen to.
12 Apr. 2018
AUASB reissues ASA 102 Compliance with Ethical Requirements when Performing Audits, Reviews and Other Assurance Engagements
The AUASB has reissued ASA 102 Compliance with Ethical Requirements when Performing Audits, Reviews and Other Assurance Engagements in March 2018. The reissued ASA 102 refers to the most recent version of APES 110 which was amended in May 2017 to incorporate revisions by the International Ethical Standards for Accountants (IESBA) to the Code of Ethics for Professional Accountants for Non-Compliance with Laws and Regulations and Non-Assurance Services to Audit and Assurance Clients. The APES 110 amendments were operative 1 January 2018.
10 Apr. 2018
CA ANZ Perspective article: Improving transparency of the auditor’s work performed on ‘Other Information’
CA ANZ Perspective article: Improving transparency of the auditor’s work performed on ‘Other Information’: published as part of the CA ANZ's Perspective series, this AUASB article discusses feedback received on issues experienced by practitioners and other observations with regard to the required inclusion in the Auditor’s Report of the ‘Other Information’ section as per ISA 720 The Auditor’s Responsibility Relating to Other Information (ASA 720 in Australia and ISA(NZ) 720 in New Zealand).
14 Mar. 2018
AUASB member appointed to the IAASB EER Assurance Project Advisory Panel
AUASB member appointed to the IAASB EER Assurance Project Advisory Panel: The International Auditing and Assurance Standards Board (IAASB) Emerging Forms of External Reporting (EER) Task Force this week announced the appointment of AUASB member Jo Cain to the recently established EER Assurance Project Advisory Panel. Ms Cain will be assisted by the AUASB Technical Group in her role and will work closely with the other representatives from the Australasian region. Read more.
13 Mar. 2018
AUASB March Meeting Highlights available
AUASB March Meeting Highlights available: Highlights from the March board meeting are now available to read or listen to.
27 Feb. 2018
AUASB February 2018 Newsletter
The February 2018 newsletter is now available. Topics covered include the AUASB Submission to the Monitoring Group; AUASB Agenda Consultation Forums Overview; AUASB Submission to NZAuASB on ED 2017-2 The Audit of Service Performance Information and Appointment of AUASB Members.
16 Jan. 2018
AUASB 2017 Agenda Consultation Overview
AUASB 2017 Agenda Consultation Overview: Click here for an overview of the AUASB's recent consultation forums on our technical work program and strategic projects for the period 2017-2020.
20 Dec. 2017
AUASB Submission to NZAuASB on ED 2017-2 The Audit of Service Performance Information: In December, after discussions at the November AUASB meeting and input at a number of the NZAuASB meetings as the ED was developed, the AUASB Technical Group submitted its response to the NZAuASB’s ED 2017-2: New Zealand Auditing Standard XX The Audit of Service Performance Information.... Read more
16 Nov. 2017
FRC announces appointments to the AUASB
AUASB Chair Prof Roger Simnett today welcomed the appointment of members of the Auditing and Assurance Standards Board for 2018, as announced today by the Financial Reporting Council (FRC) read more.
27 Oct. 2017
October newsletter released
The October 2017 newsletter is now available. Topics covered include the upcoming AUASB Agenda Consultation Forums; Enhanced Auditor's Report – Perth feedback session and new Bulletin and FAQs; and the issuance of ASAE 3500 Performance Engagements.
24 Oct. 2017
The new enhanced Auditor's Report – responding to questions at AGMs
AUASB Bulletin released: The new enhanced Auditor's Report – responding to questions at AGMs. This Bulletin provides guidance to auditors on responding to questions they may receive at an Annual General Meeting (AGM) on the content of the new enhanced Auditor’s Report. Read more.
20 Oct. 2017
AUASB Agenda Consultation Forums
Have your say: in order to seek stakeholder views on the major auditing and assurance projects which the AUASB will be progressing during the next few years, we invite you to participate in our November consultation forums. Further information and registration.
17 Oct. 2017
New Auditor Reporting FAQs to assist stakeholders with the implementation of the new requirements have been added to the website.... Read more
5 Oct. 2017
Quality in performance engagements set to step up
Stakeholders in the public sector are set to benefit from strengthened performance engagements, following the Auditing and Assurance Standards Board’s (AUASB) issuance of a new standard on assurance engagements, ASAE 3500 Performance Engagements. Read more.
15 Sep. 2017
AUASB Meeting Highlights – 12 September
Highlights from the September board meeting are now available via this (11 minute) podcast as well as the usual highlights document.
11 Sep. 2017
We are pleased to announce the appointment of Damian Paull to the role of National Director, AASB and AUASB. Damian is a proven CEO with an excellent track record of leadership, change management and building high performance teams.... Read more
22 Aug. 2017
AUASB Strategy
AUASB Strategy: In collaboration with the Australian Accounting Standards Board (AASB), the AUASB has developed its strategy for the period 2017/18 – 2020/21. View the strategy and its associated documents.
21 Aug. 2017
FRC seeks applications for AUASB Members from individuals with experience in academic research and those with auditing and assurance in the public sector.... Read more
18 Aug. 2017
August newsletter released
The August 2017 newsletter is now available. Topics covered include the AUASB ISA 540 submission, the CA ANZ NOCLAR presentation and the latest AUASB meeting.
15 Aug. 2017
Way forward for professional scepticism
Way forward for professional scepticism: The global standard-setting boards for auditing, accounting ethics and accounting education have released a new publication, Toward Enhanced Professional Skepticism, on observations and ways to enhance professional scepticism.
21 Jul. 2017
AUASB Meeting Highlights – 18 July
Highlights from the July board meeting are now available via this (seven minute) podcast as well as the usual highlights document.
6 Jul. 2017
AUASB Provisional Strategy available for public comment
AUASB Provisional Strategy available for public comment: In collaboration with the Australian Accounting Standards Board (AASB), the AUASB has developed a provisional strategy for the period 2017/18 – 2020/21. The strategy is available for public comment until Friday 4 August ... read more
29 Jun. 2017
All auditor's reports now look different and communicate more to users. The most significant change is the communication of Key Audit Matters (KAMs) in the auditor’s reports for listed entities. AUASB Chair Roger Simnett said, “The aim of the enhanced auditor's report is to increase the public’s confidence in both the audit process and the company financial statements... Read more
29 Jun. 2017
New FAQs to assist stakeholders with the implementation of the new requirements have been added to the website.... Read more
29 Jun. 2017
The AUASB has issued ASA 2017-1 Amendments to Australian Auditing Standards which amends ASA 210, ASA 700, ASA 701, ASA 800 and ASA 805.... Read more
29 Jun. 2017
Auditor Responsibility Statements updated
The Auditor Reponsibility Statements have been updated to accommodate a wider range of audit engagements. They are available via the AUASB website.
29 Jun. 2017
New Release – Audit Committees: A guide to good practice, 3rd Edition
An AICD, AUASB and IIA collaboration, this guide provides a practical introduction to the role and responsibilities of an audit committee. It explains the context in which an audit committee typically operates and outlines good practice. More information and to purchase.
13 Jun. 2017
It is with great pleasure that, on behalf of the Auditing and Assurance Standards Board (AUASB) and the broader accounting and auditing professions, we extend our congratulations to AUASB Chair Roger Simnett on his appointment to the Order of Australia yesterday.... Read more
2 Jun. 2017
AUASB Meeting Highlights – 30 May 2017
The AUASB has released the highlights from its 30 May 2017 meeting.
24 May. 2017
This proposed ASAE establishes requirements and provides application material regarding the conduct of and reporting on assurance engagements on performance. The standard replaces the existing ASAE 3500 Performance Engagements, last revised and issued by the AUASB in October 2008... Read more
23 May. 2017
The new enhanced auditor reporting requirements are now in effect. To assist stakeholders the AUASB has made a series of FAQs available via the website. The AUASB has issued the following additional FAQs... Read more
5 May. 2017
AUASB Meeting Highlights – 26 April 2017
The AUASB has released the highlights from its 26 April 2017 meeting.
3 May. 2017
The AUASB has released an updated Guidance Statement GS 001 Concise Financial Reports Under the Corporations Act 2001.... Read more
24 Apr. 2017
The AUASB invites comments on Proposed International Standard on Auditing ISA 540 Auditing Accounting Estimates and Related Disclosures. Significant changes in how auditors evaluate accounting estimates and related disclosures have been proposed by the International Auditing and Assurance Standards Board (IAASB)... Read more
21 Apr. 2017
AUASB Chair Roger Simnett talks Key Audit Matters with AICD Senior Policy Adviser Kerry Hicks
AUASB Chair Roger Simnett is featured in this AICD article which addresses the key requirements of the new auditing standard ASA 701: Communicating Key Audit Matters in the Independent Auditor’s Report.
10 Apr. 2017
ASAE 3100 – Compliance engagement requirements set to be clearer
Published as part of the CA ANZ's Perspective series, this AUASB article provides guidance on the application of the revised standard, ASAE 3100 Compliance Engagements.
4 Apr. 2017
Panel Discussions - The New Enhanced Auditor's Report
Together with CA ANZ and CPA Australia, the AUASB is holding an informative session on the experiences and lessons learned from early adopters of the Enhanced Auditor Reporting standards.
Tuesday 9 May, Brisbane.
More information.
3 Mar. 2017
AUASB Meeting Highlights - 1 March 2017
The AUASB has released the Highlights from its 1 March 2017 meeting.
Australian assurance practitioners will now have greater clarity when conducting compliance assurance engagements following the Auditing and Assurance Standards Board’s (AUASB) issuance of revised ASAE 3100.... Read more
13 Jan. 2017
We are excited to announce the appointment of Matthew Zappulla to the position of Technical Director at the AUASB.
The Technical Director will lead the development and delivery of AUASB standard-setting projects. ... Read more
22 Dec. 2016
CPA podcast: Changes to Auditor Reporting
Jim Sylph, co-chair of the IAASB’s auditor reporting implementation working group, and Merran Kelsall, AUASB Chairman, explain the uptake around the world and the experiences of countries which have already implemented the changes and firms which have early adopted in this CPA-published podcast.
Listen to the podcast.
19 Dec. 2016
AUASB and AASB Office Closure
The Offices of the AASB and AUASB will close for the Christmas - New Year holiday period from 5.00pm on Friday 23 December and will re-open at 9.00am on Tuesday 3 January 2017. We take this opportunity to wish you a safe and happy Festive Season.
16 Dec. 2016
Appointment - Chair of the Auditing and Assurance Standards Board
Treasurer, the Hon Scott Morrison MP and Minister for Revenue and Financial Services, Kelly O’Dwyer MP, today announced the appointment of Professor Roger Simnett as the Chair of the Auditing and Assurance Standards Board (AUASB) for a five-year period commencing on 1 April 2017. Read more...
2 Dec. 2016
FRC appoints board members to the AUASB
The Financial Reporting Council has announced appointments of board members to the Auditing and Assurance Standards Board (AUASB). ...Read more
21 Nov. 2016
Auditor Reporting FAQs
The AUASB has published a set of FAQs to assist with the adaption to the enhanced auditor reporting requirements that come into effect for the upcoming 31 December 2016 reporting season.
New Roles – Seeking Applicants
The AASB and AUASB are excited to announce that we have commenced recruitment for a further two newly created roles: a Finance and Risk Manager and a Communications Manager. Click here for further information.
28 Oct. 2016
Four new Technical Roles - Seeking Applicants
The AASB and AUASB is excited to announce that we have commenced recruitment for four newly created technical roles: Research Director, AASB, Technical Director, AUASB, Project Manager, AASB & Assistant Project Manager, AUASB . Click here for further information.
5 Oct. 2016
The AUASB has released revised Australian Auditing Standards ASA 810 Engagements to Report on Summary Financial Statements.... Read more
16 Sep. 2016
Highlights of AUASB Meeting 13 September 2016
The AUASB has released the Highlights from its 13 September 2016 meeting.
1 Sep. 2016
The Australian Accounting Standards Board (AASB) and the Australian Auditing and Assurance Standards Board (AUASB) are pleased to announce the appointment of Justin Lachal to the role of National Director, supporting both the AASB and the AUASB.... Read more
30 Aug. 2016
The Financial Reporting Council is seeking applications from interested persons for appointment of members of the AUASB and AASB. Applications are sought by 11 September 2016.... Read more
22 Aug. 2016
The AUASB invites comments on Exposure Draft 04/16 Proposed Standard on Assurance Engagements ASAE 3100 Compliance Engagements.... Read more
2 Aug. 2016
Ms Merran Kelsall, Chairman of the Auditing and Assurance Standards Board (AUASB), is very pleased to announce that the Financial Reporting Council (FRC) has appointed Mr Robert Buchanan as a Member of the AUASB for three years from 1 July 2016.... Read more
17 Jun. 2016
Highlights of AUASB Meeting 14 June 2016
The AUASB has released the Highlights from its 14 June 2016 meeting.
13 May. 2016
National Director role for both AASB & AUASB
A new role of National Director for the AASB & AUASB has been created. If you are interested in helping the Boards contribute to investor confidence in the Australian market, have strong management, strategic planning and HR skills, and are seeking a genuine leadership opportunity, apply now.
2 May. 2016
New Financial Reporting Council Chair appointed
Congratulations to William (Bill) Edge on his appointment as Financial Reporting Council (FRC) Chair. Merran Kelsall, Chair Auditing and Assurance Standards Board (AUASB), and Kris Peach, Chair Australian Accounting Standards Board (AASB), said “We welcome Bill’s appointment. His skills and experience from public practice and academia will enable the FRC to support the AASB and AUASB in achieving the important objective of maintaining confidence in the Australian economy. We look forward to working closely with him.”
http://agh.ministers.treasury.gov.au/media-release/005-2016/
21 Apr. 2016
Highlights of AUASB Meeting 18 April 2016
The AUASB has released the Highlights from its 18 April 2016.
20 Apr. 2016
July AUASB Meeting to be held in Sydney
Note: the 26 July AUASB Meeting will be held in Sydney at the offices of CA ANZ, 33 Erskine Street (from 10.00 a.m. to 5.00 p.m.).
10 Mar. 2016
Recruitment - Australian Auditing and Assurance Standards Board (AUASB) Chair
Applications are currently being sought for the the position of the Australian Auditing and Assurance Standards Board (AUASB) Chair...Read More
2 Mar. 2016
Highlights of AUASB Meeting 22 February 2016
The AUASB has released the Highlights from its 22 February 2016.
17 Dec. 2015
The Financial Reporting Council (FRC) has announced appointments as members of the Auditing and Assurance Standards Board (AUASB).... Read more
13 Oct. 2015
Update: GS 009 Auditing Self-Managed Superannuation Funds
Changes to paragraphs 72 and 113 of GS 009 have been made by the AUASB in order to further clarify the guidance in these paragraphs.
6 Oct. 2015
The AUASB has released an updated Guidance Statement GS 009 Auditing Self-Managed Superannuation Funds.... Read more
1 Oct. 2015
The AUASB has released a revised Guidance Statement GS 003 Assurance Relating to Australian Financial Services Licences issued under the Corporations Act 2001.... Read more
17 Sep. 2015
Auditing and Assurance Standards Board is relocating
The Office of the AUASB is relocating on Monday 21st September 2015. Our new address is Podium Level, Level 14, 530 Collins Street, Melbourne. Our phone numbers, email and website address will remain the same.
Please note that AUASB staff will not have access to emails and phone from Friday 18th till Sunday 20th September. AUASB website and its content will be available as normal during this time.
17 Sep. 2015
Highlights of AUASB Meeting 15 September 2015
The AUASB has released the Highlights from its 15 September 2015 meeting.
4 Sep. 2015
The Financial Reporting Council (FRC) is seeking applications to fill two vacancies on the AUASB for individuals currently providing audit or assurance services. Expertise in specialist IT audit, use of data analytics, group audit or audits of financial institutions would also be valuable.... Read more
25 Aug. 2015
The purpose of this publication, prepared by the Integrated Reporting Working Group, is to inform stakeholders about the IAASB’s ongoing work to explore assurance on integrated reporting and other emerging developments in external reporting.... Read more
12 Aug. 2015
The IAASB has released Exposure Drafts for comment on:
- ISA 810, Reporting on Summary Financial Statements
- ISA 250, Responding to Non-Compliance or Suspected Non-Compliance with Laws and Regulations... Read more
5 Aug. 2015
Highlights of AUASB Meeting 28 July 2015
The AUASB has released the Highlights from its 28 July 2015 meeting.
3 Jul. 2015
Influential Executive role in New Zealand
The External Reporting Board (XRB) of New Zealand is looking for a CEO to help create a world-class standards framework that contributes to New Zealand’s excellent reputation and commercial integrity.
2 Jul. 2015
GS 022 assists auditors in exercising professional judgement in applying the AUASB Standards to a selection of common practical application issues.... Read more
15 Jun. 2015
The AUASB has issued revised Guidance Statement GS 018 Franchising Code of Conduct – Auditor’s Reports on 15 June 2015 which replaces GS 018 Franchising Code of Conduct – Auditor’s Reports issued in October 2010.... Read more
12 Jun. 2015
The Australian Auditing and Assurance Standards Board (AUASB) today issue a proposal to revise the existing Australian Auditing Standard ASA 720 The Auditor’s Responsibilities Related to Other Information in Documents Containing an Audited Financial Report. This proposed Standard, which has been re-titled ASA 720 The Auditor’s Responsibilities Related to Other Information, deals with the auditor’s responsibilities relating to other information included in an entity’s annual report and its revision is part of the AUASB’s project on enhanced auditor reporting.... Read more
12 Jun. 2015
Highlights of AUASB Meeting 9 June 2015
The AUASB has released the Highlights from its 9 June 2015 meeting.
12 May. 2015
AUASB Special Meeting 19 May 2015
The next special meeting of the AUASB will be held on Tuesday, 19 May 2015 commencing at 10.00 a.m. This meeting will be held via teleconference to consider and approve a proposed exposure draft for ISA/ASA 720 The Auditor’s Responsibilities Relating to Other Information.
Interested stakeholders are welcome to come to the AUASB Board room to listen to the discussion.
30 Apr. 2015
The first tranche of exposure drafts addressing the enhancements to auditor reporting have been published today by the AUASB.... Read more
24 Apr. 2015
Highlights of AUASB Meeting 20 April 2015
The AUASB has released the Highlights from its 20 April 2015 meeting.
27 Mar. 2015
The March 2015 edition of Independence, the AUASB’s e-Newsletter has been published.... Read more
23 Mar. 2015
I am pleased to announce that AUASB Member, Ms Robin Low, has been appointed Deputy Chairman of the AUASB.... Read more
16 Mar. 2015
The AUASB has released an updated Guidance Statement GS 005 Using the Work of a Management’s Expert.... Read more
4 Mar. 2015
The International Auditing and Assurance Standards Board (IAASB) has issued a survey in connection with its new Quality Control Initiative.... Read more
26 Feb. 2015
Highlights of AUASB Meeting 24 February 2015
The AUASB has released the Highlights from its 24 February 2015 meeting.
16 Jan. 2015
The first group of key changes to auditor reporting standards was released today by the International Auditing and Assurance Standards Board (IAASB). ... Read more