17 Dec. 2014
AUASB Christmas and New Year Closure for 2014-15
The Office of the AUASB will close for the Christmas - New Year holiday period from 12.00 noon on Wednesday 24th December and will re-open at 9.00am on Monday 5th January 2015. We take this opportunity to wish you a safe and happy Festive Season.
17 Dec. 2014
The AUASB has released a revised Guidance Statement GS 017 Audit Implications for Prudential Reporting Requirements of a Life Company, which explains what matters assurance practitioners conducting engagements under revised APRA Prudential Standard LPS 310 Audit and Related Matters need to consider in order to meet their reporting requirements.... Read more
8 Dec. 2014
Mr Michael Coleman, Chairman of the Financial Reporting Council, has announced the re-appointment of two members to the AUASB from 1 January 2015:... Read more
27 Nov. 2014
Highlights of AUASB Meeting 25 November 2014
The AUASB has released the Highlights from its 25 November 2014 meeting.
24 Oct. 2014
Highlights of AUASB Meeting 21 October 2014
The AUASB has released the Highlights from its 21 October 2014 meeting.
21 Oct. 2014
On 15 July 2014, APRA issued by email from the Head of Accounting Services to all Appointed Auditors of General Insurers, an updated example Audit and Review Report on the Yearly Statutory Accounts of a General Insurer and Other Matters.... Read more
16 Sep. 2014
The September 2014 edition of Independence, the AUASB’s e-Newsletter has been published.... Read more
12 Sep. 2014
Highlights of AUASB Meeting 9 September 2014
The AUASB has released the Highlights from its 9 September 2014 meeting.
25 Jun. 2014
The AUASB has issued an Exposure Draft ED 01/14 of Proposed Standard on Assurance Engagements ASAE 34XX Assurance Engagements on Controls, with comments invited by 25 August 2014. The proposed standard will replace the existing standard, AUS 810 Special Purpose Reports on the Effectiveness of Control Procedures, issued by the former AuASB, and is proposed to be operative for assurance engagements commencing 1 July 2015, with early adoption permitted.... Read more
13 Jun. 2014
Highlights of AUASB Meeting 10 June 2014
The AUASB has released the Highlights from its 10 June 2014 meeting.
1 May. 2014
The AUASB invites comments on the re-exposed IAASB Exposure Draft – The Auditor’s Responsibilities Relating to Other Information. The proposed standard clarifies and strengthens the auditor’s scope and focus of auditor efforts on information included in entities’ annual reports. The AUASB requests all comments by 1 July 2014... Read more
16 Apr. 2014
AUASB office closure for Public Holidays
The Office of the AUASB will be closed during the following forthcoming public holidays:
Good Friday Friday 18 April
Easter Monday Monday 21 April
Anzac Day Friday 25 April
Please note also due to testing of the IT System by service providers, access to email will be unavailable during the period 22-24 April.
11 Apr. 2014
Highlights of AUASB Meeting 7 April 2014
The AUASB has released the Highlights from its 7 April 2014 meeting.
31 Mar. 2014
The March 2014 edition of Independence, the AUASB’s e-Newsletter has been published.... Read more
26 Mar. 2014
The Financial Reporting Council (FRC) Chairman, Lynn Wood, made speeches relevant to the AUASB's work on auditing and assurance at the ASIC Forum and the CFO Summit in March. Both speeches are available on the FRC website.... Read more
26 Feb. 2014
Highlights of AUASB Meeting 24 February 2014
The AUASB has released the Highlights from its 24 February 2014 meeting.
30 Jan. 2014
The AUASB has released a revised and expanded Guidance Statement GS 002 Audit Implications of Prudential Reporting Requirements for Registered Superannuation Entities, which provides guidance regarding the matters assurance practitioners conducting engagements under the new APRA Prudential Standard SPS 310 Audit and Related Matters (issued by APRA July 2013), need to consider in order to meet APRA audit reporting requirements.... Read more