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The IAASB has published its latest Professional Scepticism Communique, the third in a series of publications providing updates on the IAASB’s efforts to appropriately address professional scepticism in its standards. Read More

The AUASB supports all activities that promote continuous improvement in audit quality, transparency and professional conduct across the auditing profession.  In its submission the AUASB emphasised its support of evidence-informed, best practice initiatives aimed at improving the quality of audit and financial reporting in Australia, and that improving audit quality requires interaction between, and action by, all key parties / stakeholders in the financial reporting supply chain.   Link to submission

This report authored by Professor Elizabeth Carson from UNSW Sydney provides an evidence-based perspective on the market for the listed company audits in Australia – an important consideration when assessing the current regulations governing the Australian audit market and many of the associated issues highlighted in the terms of reference for the current Parliamentary Joint Committee on Corporations and Financial Services Inquiry into the regulation of auditing in Australia.

The AUASB September Update is now available. Check out our new format as well as recent AUASB submissions and articles, details of our recent meetings and links to a number of relevant International Auditing and Assurance Items of Interest. We welcome feedback on the new format or queries about any of the details via email.

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