Australian Government
Auditing and Assurance Standards Board
The March 2021 AUASB Newsletter is now available.
Content
• Highlights from the AUASB’s March meeting
• The AUASB’s newly released revised Quality Management Standards ASQM 1, ASQM 2 and ASA 220
• Implementation support materials on ASA 540 Auditing Accounting Estimates and Related Disclosures
• The AUASB’s 2nd report on Audit Quality in Australia: The Perspective of Audit Committee Chairs
• The revised version of the Foreword to AUASB Pronouncements
• The AUASB submission on the IAASB’s Fraud and Going Concern in an Audit of Financial Statements Discussion Paper
• Details on Acting AUASB Chair Bill Edge’s admission into the Australian Accounting Hall of Fame
• An international update featuring recent matters concerning the IAASB, IFIAR, IFAC and UK Government
The December 2020 AUASB Newsletter is now available.
Content:
• Highlights from the AUASB’s December meeting
• Implementation support materials on ASA 540 Auditing Accounting Estimates and Related Disclosures
• Newly issued AUASB Research Report 5: COVID-19 Snapshot of Auditor Reporting in Australia
• Recently revised ASRS 4400 Agreed-Upon Procedures Engagements
• The AUASB’s response to the release of the PJC’s final report on Corporations and Financial Services Inquiry on the Regulation of Auditing in Australia
• A podcast on Less Complex Entities featuring AUASB Chair Roger Simnett
• The new AUASB Due Process Framework
• An international update featuring recent matters concerning the IAASB, FRC, PCAOB and FMA
The September 2020 AUASB Newsletter is now available.
Content:
• Highlights from the AUASB’s September meeting
• Newly issued revised Guidance Statement GS 012 Prudential Reporting Requirements for Auditors of Authorised Deposit-taking Institutions (ADIs) and ADI Groups
• Information on how to complete the IAASB’s Auditor Reporting Post-Implementation Review Stakeholder Survey
• Information on the IAASB’s Going Concern and Fraud Discussion Paper
• Recently issued Conforming Amendments to the Australian Auditing and Assurance Standards resulting from the revised Code of Ethics
• Amended Auditor’s Responsibilities Statements resulting from the revised APES 110 Code of Ethics for Professional Accountants (including Independence Standards) (the Code)
• Release of the Monitoring Group’s (MG) final report Strengthening the International Audit and Ethics Standard-Setting System
• An International Update addressing the recent matters concerning the IAASB
The June 2020 AUASB Newsletter is now available.
Content:
• Recently updated COVID-19 Frequently Asked Questions
• Recently released AUASB Consultation Paper on Proposed Group Audit Standard ISA 600
• Newly issued Revised ASRE 2410 Review of a Financial Report Performed by the Independent Auditor of the Entity (June 2020)
• Recently Revised AUASB Guidance Statement GS 009 Auditing Self-Managed Superannuation funds
• Information about the IAASB’s Signing Partner Survey
• Highlights from the AUASB’s May and June Meetings
• An International Update addressing the IAASB’s Revised Work Plan for 2020-2021 and the NZ FMA/XRB second joint review of key audit matters
The May 2020 AUASB Newsletter is now available.
Content:
• The AASB-AUASB Joint Publication on The Impact of COVID-19 on Going Concern and Related Assessments
• The AUASB’s COVID-19 Frequently Asked Questions (FAQs)
• The AASB-AUASB Joint FAQ on The Impact of Coronavirus on Financial Reporting and the Auditor's Consideration
• Highlights from the AUASB April Meeting and details to register for the May Meeting
• The proposed IAASB Unauthoritative Guidance on Extended External Reporting (EER)
• An international update on the latest news from the IAASB
The March 2020 AUASB Newsletter is now available.
Content
• The AASB-AUASB Joint FAQ on The Impact of Coronavirus on Financial Reporting and the Auditor's Consideration
• The AUASB’s newly issued revised ASA 315, GS 005 and Exposure Draft 01/20
• The AUASB Bulletin on The Revised Code of Ethics and the Auditor's Report
• The proposed IAASB Unauthoritative Guidance on Extended External Reporting
• The AUASB response to the Interim Report of the Parliamentary Inquiry into the Regulation of Auditing in Australia
• The auditing implications of the AASB removal of Special Purpose Financial Statements for certain types of for-profit private sector entities
• An update on AUASB operations amid the coronavirus pandemic
• An international update on the latest auditing-related news around the world
The December 2019 AUASB Update Newsletter is now available.
Content
• The AUASB’s response to the Parliamentary Inquiry into the Regulation of Auditing in Australia
• The latest AUASB Research Reports
• Details of ASIC’s Audit Inspection Report for 2018-19
• Highlights and the podcast from our most recent AUASB meeting
• An International Update address the latest news on LCE’s and the Brydon review.
The September 2019 newsletter is now available.
Contents
Click here for the latest AUASB Update and 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.
The December 2018 newsletter is now available.
The May 2018 newsletter is now available.
Contents
The February 2018 newsletter is now available.
Contents
The October 2017 newsletter is now available.
Contents
The August 2017 newsletter is now available.
Contents
The July 2017 newsletter is now available.
Contents