Australian Government
Auditing and Assurance Standards Board
Monday, May 26, 2025
The AUASB has released a Consultation Paper seeking public comment on the IAASB’s Exposure Draft Proposed Narrow-Scope Amendments to IAASB Standards Arising from the IESBA’s Using the Work of an External Expert Project.
In December 2024, the International Ethics Standards Board for Accountants (IESBA) approved the Revisions to the IESBA’s International Code of Ethics for Professional Accountants (including International Independence Standards) (the Code) Addressing Using the Work of an External Expert. The IAASB proposes minor amendments to refer to the revised IESBA Code in IAASB standards on using the work of external experts.
The AUASB invites comments on all or some of the questions in AUASB Consultation Paper by 7 July 2025 via the AUASB website. Where stakeholders provide comments directly to the IAASB, please provide a copy to the AUASB.
Stakeholder feedback will inform the AUASB in its formal response to the IAASB on the Exposure Draft and any amendments to domestic standards.
Any queries about the Consultation Paper should be directed to [email protected]