Pronouncements of the Standards Setting Bodies as at 30 June 2005
Australian Accounting Standards Board
Statements of accounting concepts
No |
Title |
Issued |
SAC 1 |
Definition of the reporting entity |
8/90 |
SAC 2 |
Objective of general purpose financial reporting |
8/90 |
SAC 3* |
Qualitative characteristics of financial information |
8/90 |
SAC 4* |
Definition and recognition of the elements of financial statements |
# 3/95 |
Framework |
Framework for the Preparation and Presentation of Financial Statements |
7/04 |
* SAC 3 and SAC 4 are superseded by the Framework for reporting periods beginning on or after 1 January 2005.
Policy statements
Title |
Issued |
|
PS 1 |
The development of statements of accounting concepts and accounting standards |
7/93 |
PS 2 |
The AASB consultative group |
# 6/01 |
PS 3 |
AASB project advisory panels |
# 6/01 |
PS 4 |
International convergence and harmonisation policy |
# 4/02 |
PS 5* |
The nature and purpose of statements of accounting concepts |
# 7/01 |
* PS 5 is withdrawn with effect for reporting periods beginning on or after 1 January 2005.
AASB and AAS series of accounting standards
The following Accounting Standards currently on issue are operative until superseded by Accounting Standards that apply in respect of reporting periods beginning on or after 1 January 2005.
AASB |
AAS |
Title |
Issued |
1001 |
6 |
Accounting policies |
# 3/99 |
1002 |
8 |
Events occurring after reporting date |
# 10/97 |
1004 |
15 |
Revenue |
# 6/98 |
1005 |
— |
Segment reporting |
#8/00 |
1006 |
19 |
Interests in joint ventures |
# 12/98 |
1008 |
17 |
Leases |
# 10/98 |
1009 |
11 |
Construction contracts |
# 12/97 |
1010 |
10 |
Recoverable amount of non-current assets |
# 12/99 |
1011 |
13 |
Accounting for research and development costs |
5/87 |
1012 |
— |
Foreign currency translation |
#11/00 |
1013 |
18 |
Accounting for goodwill |
# 6/96 |
1014 |
23 |
Set-off and extinguishment of debt |
# 12/96 |
1015 |
21 |
Acquisitions of assets |
# 11/99 |
1016 |
14 |
Accounting for investments in associates |
# 8/98 |
Accounting for investments in associates |
5/97 |
||
1016A |
— |
Amendments to accounting standard AASB 1016 |
10/98 |
1017 |
Related party disclosures |
# 2/97 |
|
22 |
Related party disclosures |
5/93 |
|
1018 |
— |
Statement of financial performance |
# 6/02 |
1019 |
2 |
Inventories |
# 3/98 |
1020 |
3 |
Income taxes |
# 12/99 |
1020A |
— |
Amendments to accounting standard AASB 1020 and Australian accounting standard AAS 3 |
# 6/02 |
1020B |
— |
Amendments to accounting standard AASB 1020 and Australian accounting standard AAS 3 |
11/02 |
1021 |
4 |
Depreciation |
# 8/97 |
1022 |
7 |
Accounting for the extractive industries |
10/89 |
1023 |
26 |
Financial reporting of general insurance activities |
# 11/96 |
1024 |
24 |
Consolidated accounts |
# 5/92 |
1025 |
— |
Application of the reporting entity concept and other amendments |
7/91 |
1026 |
28 |
Statement of cash flows |
# 10/97 |
1027 |
— |
Earnings per share |
# 6/01 |
1028 |
— |
Employee benefits |
# 6/01 |
1029 |
— |
Interim financial reporting |
#10/00 |
1030 |
— |
Application of accounting standards to financial year accounts and consolidated accounts of disclosing entities other than companies |
12/94 |
1031 |
5 |
Materiality |
9/95 |
1032 |
32 |
Specific disclosures by financial institutions |
12/96 |
1033 |
33 |
Presentation and disclosure of financial instruments |
# 10/99 |
1034 |
37 |
Financial report presentation and disclosures |
# 10/99 |
1036 |
34 |
Borrowing costs |
12/97 |
1037 |
35 |
Self-generating and regenerating assets |
8/98 |
1037A |
35A |
Amendments to accounting standard AASB 1037 |
7/99 |
1038 |
— |
Life insurance business |
11/98 |
1039 |
— |
Concise financial reports |
# 6/02 |
1040 |
36 |
Statement of financial position |
10/99 |
1041 |
— |
Revaluation of non-current assets |
#7/01 |
1042 |
— |
Discontinuing operations |
8/00 |
1043 |
— |
Changes to the application of AASB and AAS standards and other amendments |
12/00 |
1044 |
— |
Provisions, contingent liabilities and contingent assets |
10/01 |
1045 |
Land under roads: amendments to AAS 27A, AAS 29A and AAS 31A |
10/02 |
|
— |
25 |
Financial reporting by superannuation plans |
3/93 |
— |
27 |
Financial reporting by local governments |
# 6/96 |
— |
27A |
Amendments to the transitional provisions in AAS 27 |
12/99 |
— |
29 |
Financial reporting by government departments |
# 6/98 |
— |
29A |
Amendments to the transitional provisions in AAS 29 |
12/99 |
— |
31 |
Financial reporting by governments |
6/98 |
— |
31A |
Amendments to the transitional provisions in AAS 31 |
12/99 |
1046 |
Director and executive disclosures by disclosing entities |
1/04 |
|
1046A |
Amendments to Accounting Standard AASB 1046 |
9/04 |
|
1047 |
Disclosing the impacts of adopting Australian equivalents to international financial reporting standards |
4/04 |
AASB series
The following Accounting Standards apply in respect of reporting periods beginning on or after 1 January 2005.
AASB 1 |
First-time Adoption of Australian Equivalents to International Financial Reporting Standards (July 2004) |
AASB 2 |
Share-based Payment (July 2004) |
AASB 3 |
Business Combinations (July 2004) |
AASB 4 |
Insurance Contracts (July 2004) |
AASB 5 |
Non-current Assets held for Sale and Discontinued Operations (July 2004) |
AASB 6 |
Exploration for and Evaluation of Mineral Resources (December 2004) |
AASB 101 |
Presentation of Financial Statements (July 2004) |
AASB 102 |
Inventories (July 2004) |
AASB 107 |
Cash Flow Statements (July 2004) |
AASB 108 |
Accounting Policies, Changes in Accounting Estimates and Errors (July 2004) |
AASB 110 |
Events after the Balance Sheet Date (July 2004) |
AASB 111 |
Construction Contracts (July 2004) |
AASB 112 |
Income Taxes (July 2004) |
AASB 114 |
Segment Reporting (July 2004) |
AASB 116 |
Property, Plant and Equipment (July 2004) |
AASB 117 |
Leases (July 2004) |
AASB 118 |
Revenue (July 2004) |
AASB 119 |
Employee Benefits (July 2004) |
AASB 119 |
Employee Benefits (December 2004) |
AASB 120 |
Accounting for Government Grants and Disclosure of Government Assistance (July 2004) |
AASB 121 |
The Effects of Changes in Foreign Exchange Rates (July 2004) |
AASB 123 |
Borrowing Costs (July 2004) |
AASB 124 |
Related Party Disclosures (July 2004) |
AASB 127 |
Consolidated and Separate Financial Statements (July 2004) |
AASB 128 |
Investments in Associates (July 2004) |
AASB 129 |
Financial Reporting in Hyperinflationary Economies (July 2004) |
AASB 130 |
Disclosures in the Financial Statements of Banks and Similar Financial Institutions (July 2004) |
AASB 131 |
Interests in Joint Ventures (July 2004) |
AASB 132 |
Financial Instruments: Disclosure and Presentation (July 2004) |
AASB 133 |
Earnings per Share (July 2004) |
AASB 134 |
Interim Financial Reporting (July 2004) |
AASB 136 |
Impairment of Assets (July 2004) |
AASB 137 |
Provisions, Contingent Liabilities and Contingent Assets (July 2004) |
AASB 138 |
Intangible Assets (July 2004) |
AASB 139 |
Financial Instruments: Recognition and Measurement (July 2004) |
AASB 140 |
Investment Property (July 2004) |
AASB 141 |
Agriculture (July 2004) |
AASB 1004 |
Contributions (July 2004) |
AASB 1023 |
General Insurance Contracts (July 2004) |
AASB 1031 |
Materiality (July 2004) |
AASB 1038 |
Life Insurance Contracts (July 2004) |
AASB 1039 |
Concise Financial Reports (May 2005) |
AASB 1045 |
Land Under Roads: Amendments to AAS 27A, AAS 29A and AAS 31A (February 2002) |
AASB 1046 |
Director and Executive Disclosures by Disclosing Entities (January 2004) |
AASB 1046A |
Amendments to Accounting Standard AASB 1046 (September 2004). |
AASB 1047 |
Disclosing the Impacts of Adopting Australian Equivalents to International Financial Reporting Standards (April 2004) |
AASB 1048 |
Interpretation and Application of Standards (June 2005) |
AASB 2004-1 |
Amendments to Australian Accounting Standards [AASB 1, AASB 116 & AASB 138] (December 2004) |
AASB 2004-2 |
Amendments to Australian Accounting Standards [AASB 1, AASB 121, AASB 131, AASB 134, AASB 139 & AASB 141] (December 2004) |
AASB 2004-3 |
Amendments to Australian Accounting Standards [AASB 1, AASB 101 & AASB 124] (December 2004) |
AASB 2005-1 |
Amendments to Australian Accounting Standard [AASB 139] (May 2005) |
AASB 2005-2 |
Amendments to Australian Accounting Standard [AASB 1023] (June 2005) |
AASB 2005-3 |
Amendments to Australian Accounting Standards [AASB 119] (June 2005) |
AASB 2005-4 |
Amendments to Australian Accounting Standards [AASB 1, AASB 132, AASB 139, AASB 1023 & AASB 1038] (June 2005) |
AASB 2005-5 |
Amendments to Australian Accounting Standards [AASB 1 & AASB 139] (June 2005) |
AASB 2005-6 |
Amendments to Australian Accounting Standards [AASB 3] (June 2005) |
AASB 2005-7 |
Amendments to Australian Accounting Standards [AASB 134] (June 2005) |
AASB 2005-8 |
Amendments to Australian Accounting Standards [AASB 1] (June 2005) |
AAS series
AAS 25 |
Financial Reporting by Superannuation Plans (March 1993) |
AAS 27 |
Financial Reporting by Local Governments (June 1996) |
AAS 29 |
Financial Reporting by Government Departments (June 1998) |
AAS 31 |
Financial Reporting by Governments (June 1998) |
Accounting interpretations
The following Accounting Interpretations apply until superseded by Accounting Standards operative for reporting periods beginning on or after 1 January 2005.
No |
Title |
Issued |
AI 1 |
Amortisation of identifiable intangible assets |
6/99 |
AI 2 |
Transition to AASB equivalents of IASB standards and applying the hierarchy of pronouncements in AASB 1001 and AAS 6 |
5/03 |
UIG abstracts
The following UIG Abstracts currently on issue are operative until superseded by Accounting Standards and UIG Interpretations that apply in respect of reporting periods beginning on or after 1 January 2005.
Abstract |
Title |
Issued |
1 |
Lessee accounting for surplus leased space under a non-cancelable operating lease |
6/95 |
3 |
Lessee accounting for lease incentives under a non-cancelable operating lease |
8/95 |
4 |
Disclosure of accounting policies for restoration obligations in the extractive industries |
8/95 |
7 |
Accounting for non-current assets — derecognition of intangible assets and change in the basis of measurement of a class of assets |
3/96 |
9 |
Accounting for acquisitions — recognition of acquired tax losses |
6/96 |
10 |
Accounting for acquisitions — gold mining companies |
11/96 |
11 |
Accounting for contributions of, or contributions for the acquisition of, non-current assets |
12/96 |
13 |
The presentation of the financial report of entities whose securities are ‘stapled’ |
#5/00 |
14 |
Directors’ remuneration |
6/97 |
16 |
Accounting for share buy-backs |
1/98 |
17 |
Developer and customer contributions in price regulated industries |
5/98 |
19 |
The superannuation contributions surcharge |
7/98 |
20 |
Equity accounting — elimination of unrealised profits and losses on transactions with associates |
10/98 |
21 |
Consistency — different cost formulas for inventories |
10/98 |
22 |
Accounting for the buy-back of no par value shares |
11/98 |
23 |
Transaction costs arising on the issue or intended issue of equity instruments |
#6/00 |
24 |
Equity accounting — carrying amount of an investment in an associate |
11/98 |
25 |
Redesignation of hedges |
#12/00 |
27 |
Designation as hedges — sold (written) options |
7/99 |
28 |
Consolidation — special purpose entities |
7/99 |
29 |
Early termination of interest rate swaps |
#12/00 |
30 |
Depreciation of long-lived physical assets, including infrastructure assets: condition-based depreciation and other related methods |
1/00 |
31 |
Accounting for the goods and services tax (GST) |
1/00 |
32 |
Designation as hedges — rollover strategies |
#12/00 |
33 |
Hedges of anticipated purchases and sales |
5/00 |
34 |
Acquisitions and goodwill — first-time application of accounting standards |
6/00 |
36 |
Non-monetary contributions establishing a joint venture entity |
12/00 |
37 |
Accounting for website costs |
1/01 |
38 |
Contributions by owners made to wholly-owned public sector entities |
1/01 |
39 |
Effect of tax consolidation proposals on deferred tax balances |
7/01 |
40 |
Non-reciprocal transfers within an economic entity for monetary or no consideration |
9/01 |
41 |
Fair value of equity instruments issued as purchase consideration |
9/01 |
42 |
Subscriber acquisition costs in the telecommunications industry |
10/01 |
43 |
Classification of financial instruments with conversion options |
11/01 |
44 |
Acquisition of in-process research and development |
3/02 |
45 |
Subsidiary becomes a joint venture entity or an associate |
4/02 |
46 |
Initial foreign currency translation for redomiciled entities |
4/02 |
47 |
Professional indemnity claims liabilities in medical defence organisations |
6/02 |
49 |
Revenue – barter transactions involving advertising services |
8/02 |
50 |
Evaluating the substance of transactions involving the legal form of a lease |
9/02 |
51 |
Recovery of unfunded superannuation of universities |
12/02 |
52 |
Income tax accounting under the tax consolidation system |
12/02 |
53 |
Pre-completion contracts for the sale of residential development properties |
4/03 |
54 |
Defined benefit superannuation disclosures by employers |
#8/03 |
55 |
Accounting for road earthworks |
#5/04 |
UIG interpretations
The following UIG Interpretations apply in respect of reporting periods beginning on or after 1 January 2005.
Interpretation |
Title |
1 |
Changes in Existing Decommissioning, Restoration and Similar Liabilities (July 2004) |
2 |
Members’ Shares in Co-operative Entities and Similar Instruments (March 2005) |
3 |
Emission Rights (March 2005) |
4 |
Determining whether an Arrangement contains a Lease (June 2005) |
5 |
Rights to Interests arising from Decommissioning, Restoration and Environmental Rehabilitation Funds (June 2005) |
107 |
Introduction of the Euro (July 2004) |
110 |
Government Assistance – No Specific Relation to Operating Activities (July 2004) |
112 |
Consolidation – Special Purpose Entities (December 2004) |
113 |
Jointly Controlled Entities – Non-Monetary Contributions by Venturers (July 2004) |
115 |
Operating Leases – Incentives (July 2004) |
121 |
Income Taxes – Recovery of Revalued Non-Depreciable Assets (July 2004) |
125 |
Income Taxes – Changes in the Tax Status of an Entity or its Shareholders (July 2004) |
127 |
Evaluating the Substance of Transactions Involving the Legal Form of a Lease (July 2004) |
129 |
Disclosure – Service Concession Arrangements (July 2004) |
131 |
Revenue – Barter Transactions Involving Advertising Services (July 2004) |
132 |
Intangible Assets – Web Site Costs (July 2004) |
1013 |
Consolidated Financial Reports in relation to Pre-Date-of-Transition Stapling Arrangements (April 2005) |
1017 |
Developer and Customer Contributions for Connection to a Price-Regulated Network (November 2004) |
1019 |
The Superannuation Contributions Surcharge (September 2004) |
1030 |
Depreciation of Long-Lived Physical Assets: Condition-Based Depreciation and Related Methods (September 2004) |
1031 |
Accounting for the Goods and Services Tax (GST) (July 2004) |
1038 |
Contributions by Owners to Wholly-Owned Public Sector Entities (September 2004) |
1039 |
Substantive Enactment of Major Tax Bills (July 2004) |
1042 |
Subscriber Acquisition Costs in the Telecommunications Industry (December 2004) |
1047 |
Professional Indemnity Claims Liabilities in Medical Defence Organisations (November 2004) |
1052 |
Tax Consolidation Accounting in Australia (June 2005) |
1055 |
Accounting for Road Earthworks (September 2004) |
AUASB Pronouncements as to 30 June 2005
Auditing Standards — interim legal endorsement
The following Auditing Standards (AUSs) issued by the former Auditing and Assurance Standards Board (AuASB) of the Australian Accounting Research Foundation were given interim legal endorsement under the Corporations Act 2001 for financial reporting periods ending on and prior to 30 June 2006. After this time, these standards will be re-issued by the reconstituted Auditing and Assurance Standards Board (AUASB) as legislative instruments under the Legislative Instruments Act 2003 with effect under the Corporations Act 2001.
No |
Title |
Issued |
AUS 104 |
Glossary of Terms |
July 2002 |
AUS 202 |
Objective and General Principles Governing an Audit of a Financial Report |
July 2002 (February 2004) |
AUS 204 |
Terms of Audit Engagements |
June 2002 |
AUS 206 |
Quality Control for Audits of Historical Financial Information |
July 2002 (June 2004) |
AUS 208 |
Documentation |
July 2002 |
AUS 210 |
The Auditor's Responsibility to Consider Fraud in an Audit of a Financial Report |
January 2002 (June 2004) |
AUS 212 |
Other Information in Documents Containing Audited Financial Reports |
October 1995 |
AUS 214 |
Auditing in a CIS Environment |
October 1995 |
AUS 218 |
Consideration of Laws and Regulations in an Audit of a Financial Report |
January 2002 |
AUS 302 |
Planning |
October 1995 |
AUS 304 |
Knowledge of the Business |
July 2002 |
AUS 306 |
Materiality and Audit Adjustments |
June 2001 |
AUS 402 |
Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatements |
February 2004 |
AUS 404 |
Audit Implications Relating to Entities Using a Service Entity |
July 2002 |
AUS 406 |
The Auditor's Procedures In Response to Assessed Risks |
February 2004 |
AUS 502 |
Audit Evidence |
October 1995 |
AUS 504 |
External Confirmations |
July 2002 |
AUS 506 |
Existence and Valuation of Inventory |
July 2002 |
AUS 508 |
Inquiry Regarding Litigation and Claims |
July 2002 |
AUS 510 |
Initial Engagements - Opening Balances |
July 2002 |
AUS 512 |
Analytical Procedures |
October 1995 |
AUS 514 |
Audit Sampling and Other Selective Testing Procedures |
April 1998 |
AUS 516 |
Audit of Accounting Estimates |
October 1995 |
AUS 518 |
Related Parties |
July 2002 |
AUS 520 |
Management Representations |
July 2002 |
AUS 522 |
Audit Evidence Implications of Externally Managed Assets of Superannuation, Provident or Similar Funds |
October 1995 |
AUS 524 |
The Auditor's Use of the Work of the Actuary and the Actuary's Use of the Work of the Auditor in Connection with the Preparation and Audit of a Financial Report |
July 2002 |
AUS 526 |
Auditing Fair Value Measurements and Disclosures |
September 2002 |
AUS 602 |
Using the Work of Another Auditor |
July 2002 |
AUS 604 |
Considering Work of Internal Auditing |
October 1995 |
AUS 606 |
Using the Work of an Expert |
July 2002 |
AUS 702 |
The Audit Report on a General Purpose Financial Report |
March 2002 |
AUS 704 |
Comparatives |
July 2002 |
AUS 706 |
Subsequent Events |
October 1995 |
ASU 708 |
Going Concern |
July 2002 |
AUS 710 |
Communication with Management on Matters Arising from an Audit |
May 1999 |
AUS 802 |
Communication with Management on Matters Arising from an Audit |
May 2002 |
AUS 902 |
Review of Financial Reports |
July 2002 |
Other standards
The following Auditing Standards (AUSs) issued by the former Auditing and Assurance Standards Board (AuASB) of the Australian Accounting Research Foundation were not part of the Auditing Standards given interim legal endorsement under the Corporations Act 2001. These standards remain in force and will be progressively reviewed by the AUASB over the next two years.
No |
Title |
Issued |
AUS 102 |
Foreword to Australian Auditing and Assurance Standards and Guidance Statements |
January 2002 |
AUS 106 |
Explanatory Framework for Standards on Audit and Audit Related Services |
November 2001 |
AUS 108 |
Framework for Assurance Engagements |
June 2004 |
AUS 110 |
Assurance Engagements other than Audits or Reviews of Historical Financial Information |
June 2004 |
AUS 804 |
The Audit of Prospective Financial Information |
July 2002 |
AUS 806 |
Performance Auditing |
July 2002 |
AUS 808 |
Planning Performance Audits |
October 1995 |
AUS 810 |
Special Purpose Reports on the Effectiveness of Control Procedures |
July 2002 |
AUS 904 |
Engagements to Perform Agreed-upon Procedures |
July 2002 |
Auditing and Assurance Guidance Statements
The following Auditing and Assurance Guidance Statements were issued by the former Auditing and Assurance Standards Board (AuASB) of the Australian Accounting Research Foundation and continue to remain current. The AUASB will be reviewing these Auditing and Assurance Guidance Statements progressively over the next two years.
No |
Title |
Issued |
AGS 1002 |
Bank Confirmation Requests |
October 1995 |
AGS 1004 |
Transitional Arrangements on Changes in Audit Appointments under the Corporations Act 2001 |
July 2002 |
AGS 1006 |
Expression of an Opinion on Internal Control |
October 1995 |
AGS 1008 |
Audit Implications of Prudential Reporting Requirements for Authorised Deposit-taking Institutions (ADIs) |
July 2002 |
AGS 1014 |
Privity Letter Requests |
July 2002 |
AGS 1016 |
Audit and Review Reports on Half-Year Financial Reports of Disclosing Entities Under the Corporations Act 2001 |
October 2003 |
AGS 1024 |
Life Insurance Act 1995 - Audit Obligations |
December 2002 |
AGS 1026 |
Superannuation Funds - Auditor Reports on Externally Managed Assets |
February 1999 |
AGS 1028 |
Uncertainty |
July 1997 |
AGS 1030 |
Auditing Derivative Financial Instruments |
July 2002 |
AGS 1032 |
The Audit Implications of Accounting for Investments in Associates |
July 2002 |
AGS 1036 |
The Consideration of Environmental Matters in the Audit of a Financial Report |
July 2002 |
AGS 1038 |
Access to Audit Working Papers |
July 2002 |
AGS 1040 |
Franchising Code of Conduct |
November 2002 |
AGS 1042 |
Reporting on Control Procedures at Outsourcing Entities |
July 2002 |
AGS 1044 |
Audit Reports on Information Provided Other than in a Financial Report (May 1999) |
May 1999 |
AGS 1046 |
Responding to Questions at an Annual General Meeting |
July 2002 |
AGS 1048 |
The Special Considerations in the Audit of Small Entities (March 2004) |
March 2004 |
AGS 1050 |
Audit Issues Relating to the Electronic Presentation of Financial Reports |
July 2002 |
AGS 1052 |
Special Considerations in the Audit of Compliance Plans of Managed Investment Schemes |
July 2002 |
AGS 1054 |
Auditing Revenue of Charitable Entities |
July 2002 |
AGS 1056 |
Electronic Commerce - Effect on the Audit of a Financial Report |
May 2002 |
AGS 1058 |
Auditing Mortgage Investment Schemes |
July 2002 |
AGS 1062 |
Reporting in Connection with Proposed Fundraisings |
August 2002 |
AGS 1064 |
Audit Implications of Prudential Reporting Requirements for General Insurers |
March 2003 |
AGS 1066 |
Reporting by Auditors on Compliance with International Financial Reporting Standards |
July 2003 |
AGS 1068 |
Audit Requirements for Australian Financial Services Licensees under the Corporations Act 2001 |
as issued by the reconstituted AUASB in October 2004 |
Guidance Note
This Guidance Note was issued by the former Auditing and Assurance Standards Board (AuASB) of the Australian Accounting Research Foundation and will continue to provide guidance until such time as it is reviewed by the AUASB.
Title |
Issued |
Improving Communication between Auditors and Shareholders |
July 2003 |
Audit and Assurance Guides
This Audit and Assurance Guide was issued by the former Auditing and Assurance Standards Board (AuASB) of the Australian Accounting Research Foundation and continues to provide guidance until such time as it is withdrawn.
No |
Title |
Issued |
Audit Guide No. 4 |
The Audit of Superannuation Funds |
2004 edition |
Audit and Assurance Alerts
These Audit and Assurance Alerts including those issued by the former Auditing and Assurance Standards Board (AuASB) of the Australian Accounting Research Foundation and will remain until such time as they are withdrawn.
No |
Title |
Issued |
AAA 10 |
Earnings Management by Entities: Audit Considerations And Issues |
November 2001 |
AAA 11 |
Communicating with Entities in Relation to Auditor Independence |
May 2002 |
AAA 12 |
The Implications for Auditors of the Private Sector Amendments to the Privacy Act |
August 2002 |
AAA 13 |
The Implications of the U.S. Sarbanes-Oxley Act 2002 (U.S.) for Auditors and Their Clients |
September 2002 |
AAA 14 |
The Implications for Auditors on the Transition to Australian equivalents to IFRSs |
as issued by the reconstituted AUASB in October 2004 |