OUTPUT STRUCTURE
The AUASB’s standards, exposure drafts and consultation papers issued in 2019-20 are listed in the table below.
Standards | |
ASA 102 | Compliance with Ethical Requirements when Performing Audits, Reviews and Other Assurance Engagements (December 2019) |
ASA 315 | Identifying and Assessing the Risks of Material Misstatement (February 2020) |
ASA 2020-1 | Amendments to Australian Auditing Standards (March 2020) [NB: Conforming Amendments to reflect the updated version of ASA 315] |
GS 005 | Evaluating the Appropriateness of a Management’s Expert’s Work (March 2020) |
ASRE 2410 | Review of a Financial Report Performed by the Independent Auditor of the Entity (June 2020) |
GS 009 | Auditing Self-Managed Superannuation Funds (June 2020) |
ASA 2020-2 | Amendments to Australian Auditing Standards made under Section 336 of the Corporations Act 2001 (June 2020) [NB: Conforming Amendments to reflect the updated version of APES 110 issued by the APESB] |
Exposure Drafts and Consultation Papers | |
ED 01/20 | Proposed Standard on Related Services ASRS 4400 Agreed-Upon Procedures Engagements (February 2020) |
Consultation Paper on ED ISA 600 | Special Considerations – Audits of Group Financial Statements (Including the Work of Component Auditors); and Proposed Conforming and Consequential Amendments to Other Auditing Standards (June 2020) |
AUASB Publications | |
AUASB Bulletin on Auditor’s Responsibilities and the Financial Reporting Framework (July 2019) | |
AUASB Research Report 3: Audit Market Structure and Competition in Australia 2012 – 2018 (October 2019) | |
AUASB Research Report 4: The Provision of Non-Audit Services by Audit firms in Australia 2012 – 2018 (December 2019) | |
AUASB Bulletin on ASA 540 Auditing Accounting Estimates and Related Disclosures (December 2019) | |
AUASB Bulletin on The Revised Code of Ethics and the Auditor’s Report (February 2020) | |
AASB−AUASB Joint FAQ The Impact of Coronavirus on Financial Reporting and the Auditor’s Considerations (March 2020) | |
The Impact of COVID-19 on Going Concern and Related Assessments - Joint Publication by the AASB and AUASB (May 2020) |
AUASB Authoritative Pronouncements can be accessed via
www.auasb.gov.au/Pronouncements.aspx.
The AUASB’s Technical Work Programs can be accessed via
https://www.auasb.gov.au/About-the-AUASB/AUASB-Strategy-and-Corporate-Plan.aspx.
Visit
https://www.transparency.gov.au/annual-reports/office-australian-accounting-standards-board/reporting-year/2019-20-24