The Auditing and Assurance Standards Board Chair welcomes ASIC’s Audit inspection report

Wednesday, December 1, 2021

In response to the release of ASIC’s Audit inspection report 1 July 2020 to 30 June 2021, the AUASB issued a media release.  In addition the AUASB has issued an AUASB Bulletin Supporting Auditors in Enhancing Audit Quality which details a number of specific actions including issuing revised standards and other guidance materials to clarify and drive improved compliance with the requirements in the auditing standards.

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