Framework Pronouncements

The Framework Pronouncements provide information regarding the AUASB, its operations and the pronouncements it issues.

Foreword to AUASB Pronouncements

The Foreword to AUASB Pronouncements sets out the functions, composition and operating procedures of the AUASB and the range of pronouncements it issues. The Foreword to AUASB Pronouncements does not itself establish requirements for the performance of audit, review, assurance or related service engagements.  Accordingly, the Foreword to AUASB Pronouncements is not issued for the purposes of the Corporations Act 2001.

Framework for Assurance Engagements

The Framework for Assurance Engagements:

• Defines and describes the elements and objectives of an assurance engagement;
• Identifies engagements to which Australian Auditing Standards, Standards on Review Engagements and Standards on Assurance Engagements apply; and
• Distinguishes assurance engagements from other engagements.

The Framework provides a frame of reference for:

• The AUASB in its development of pronouncements    
• Assurance practitioners; and
• Others involved with assurance engagements, including the intended users of an assurance report and the responsible party. 

The Framework for Assurance Engagements does not itself establish requirements for the performance of audit, review, assurance or related service engagements.  Accordingly, the Framework for Assurance Engagements is not issued for the purposes of the Corporations Act 2001.

The Framework for Assurance Engagements listed here has been superseded. The current Framework for Assurance Engagements can be found in the Standards and Guidance section of this website.