Appendix H
Auditing and Assurance Standards Board pronouncements as at 30 June 2007
Foreword, glossary and framework
The following pronouncements have been issued by the Auditing and Assurance Standards Board (AUASB).
Auditing Standards — issued as legislative instruments
The AUASB has made the following Auditing Standards (ASAs), pursuant to section 227B of the Australian Securities and Investments Commission Act 2001 and section 336 of the Corporations Act 2001. These Auditing Standards are legislative instruments under the Legislative Instruments Act 2003 and are operative for financial reporting periods commencing on or after 1 July 2006.
Auditing Standards — issued as legislative instruments (continued)
Compiled Auditing Standards
Following the issue of ASA 2007-1 Amendments to Australian Auditing Standards, the AUASB has prepared the following compiled versions of affected Auditing Standards. These compiled versions incorporate the amendments contained in ASA 2007-1 and are applicable for auditors’ reports signed on or after 1 July 2007.
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 29 June 2007.
The ongoing status of these Auditing Standards is to be determined by the AUASB in 2007-08.
Auditing Standards — interim legal endorsement (continued)
Auditing Standards — other
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.
The formal status of these Auditing Standards is to be determined by the AUASB in July 2007.
Auditing and Assurance Guidance Statements
The following Auditing and Assurance Guidance Statements were issued or reissued by the Auditing and Assurance Standards Board.
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 remain current. The AUASB will be reviewing these Auditing and Assurance Guidance Statements progressively over the next year.
Auditing and Assurance Guidance Statements (continued)
Guidance Note
This Guidance Note was issued by the Auditing and Assurance Standards Board.
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.
Audit and Assurance Guides
This supplement to Audit Guide No. 4 was issued by the Auditing and Assurance Standards Board.
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.
