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The AUASB has released the Highlights from its 14 June 2016 meeting.

The AUASB invites comments on Exposure Draft 01/16 Proposed Auditing Standard ASA 800 Special Considerations – Audits of Financial Reports Prepared in Accordance with Special Purpose Frameworks and Exposure Draft 02/16 Proposed Auditing Standard ASA 805 Special Considerations-Audits of Single Financial Statements and Specific Elements, Accounts or Items of a Financial Statement. Read More

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.

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/

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