Impact of AI on Auditors

On 14 July 2025, the AUASB issued considerations for auditors on using AI tools in audits, auditing information prepared by an entity using AI, and improving communications using AI

AUASB board meeting 162 to be held on 9 July 2025

The Agenda and Papers are now available for AUASB virtual Meeting 162 to be held on Wednesday 9 July 2025.

Public gallery attendance will be by videoconference only. Members of the public wishing to join the public sessions must register their interest by COB Tuesday 8 July 2025, by emailing [email protected], detailing:

AUASB Board Meeting 161 highlights are now available

Highlights for AUASB Board Meeting 161 on 11 Jun 2025 now available, click here to view.

Minor amendments to ASSA 5000 General Requirements for Sustainability Assurance Engagements

The AUASB decided in May 2025 to amend ASSA 5000 to address practical Implementation matters.

The AUASB will consider adopting any revised APES 110 that includes the new Part 5 from the APESB’s
effective date.

AUASB virtual board meeting 161 to be held on 11 June 2025

The Public Agenda and Papers are now available for AUASB virtual Meeting 161 to be held on Wednesday 11 June 2025.

Public gallery attendance will be by videoconference only. Members of the public wishing to join the public sessions must register their interest by COB Tuesday 10 June 2025, by emailing [email protected], detailing:

Going Concern Standard Approved

The AUASB approved the adoption of international standard ISA 570, Going Concern in Australia at the May 2025 AUASB meeting.  ASA 570 applies for financial reporting periods commencing on or after 15 December 2026.