Standards Issued by the International Auditing and Assurance Standards Board

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Standards Issued by the International Auditing
and Assurance Standards Board
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International Auditing and Assurance Standards
Board (IAASB) Issues

• International Standards on Auditing (ISAs) as the
  standards to be applied by auditors in reporting
  on historical financial information.
• International Standards on Assurance Engagements
  (ISAEs) as the standards to be applied by
  practitioners in assurance engagements dealing
  with information other than historical financial
  information
• International Standards on Quality Control
  (ISQCs) as the standards to be applied for all
  services falling under the Standards of the
  IAASB and
• International Standards on Related Services
  (ISRSs) as the standards to be applied on related
  services as it considers appropriate
• International Standards on Review Engagements
  (ISREs) as the standards to be applied to the
  review of historical financial information.

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ISAs

• 100-999 International Standards on Auditing
  (ISAs)
• 100-199 Introductory Matters
• 120 Framework of International Standards on
  Auditing
• 200-299 General Principles And Responsibilities
• 200 Objective and General Principles Governing an
  Audit of Financial Statements
• 210 Terms of Audit Engagements
• 220 Quality Control for Audit Work
• 230 Documentation (ED)

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ISAs

• 240 The Auditors Responsibility to Consider
  Fraud and Error in an Audit of Financial
  Statements (ED)
• 250 Consideration of Laws and Regulations in an
  Audit of Financial Statements
• 260 The Auditors Communication with Those
  Charged with Governance (ED - Final)
• 300-499 Risk Assessment And Response To Assessed
  Risks
• 300 Planning (ED)
• 310 Knowledge of the Business
• 315 Understanding the Entity and Its Environment
  and Assessing the Risks of Material Misstatement
  (ED)
• 320 Materiality in the Identification and
  Evaluation of Misstatements (ED final)
• 330 The Auditors Procedures in Response to
  Assessed Risks (ED)

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ISAs

• 400 Risk Assessments and Internal Control
• 401 Auditing in a Computer Information Systems
  Environment
• 402 Audit Considerations Relating to Entities
  Using Service Organizations
• 500-599 Audit Evidence
• 500 Audit Evidence
• 500R Audit Evidence
• 501 Audit EvidenceAdditional Considerations for
  Specific Items
• 505 External Confirmations

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ISAs

• 510 Initial EngagementsOpening Balances
• 520 Analytical Procedures
• 530 Audit Sampling and Other Selective Testing
  Procedures
• 540 Auditing Accounting Estimates and Related
  Disclosures (Other than Those Involving Fair
  Value Measurements and Disclosures) (ED- final)
• 545 Auditing Fair Value Measurements and
  Disclosures
• 550 Related Parties (ED)
• 560 Subsequent Events
• 570 Going Concern
• 580 Management Representations

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ISAs

• 600-699 Using Work Of Others
• 600 The Audit of Group Financial Statements (ED
  final)
• 610 Considering the Work of Internal Auditing
• 620 Using the Work of an Expert
• 700-799 Audit Conclusions And Reporting
• 700 The Auditors Report on Financial Statements
• 701 The Independent Auditors Report on Other
  Historical Financial Information (ED final - new)
• 705 Modifications to the Opinion in the
  Independent Auditors Report (ED final - new)
• 706 Emphasis of Matter Paragraphs and Other
  Matters Paragraphs in the Independent Auditors
  Report (ED final - new)
• 710 Comparatives
• 720 Other Information in Documents Containing
  Audited Financial Statements
• 800-899 Specialized Areas
• 800 The Independent Auditors Report on Summary
  Audited Financial Statements (ED final)

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ISRE

• 2000-2699 International Standards on Review
  Engagements (ISREs)
• 2400 Engagements to Review Financial Statements
  (Previously ISA 910)
• 2410 Review of Interim Financial Information
  Performed by the Independent Auditor of the
  Entity (ED - new)
• 3000-3699 International Standards on Assurance
  Engagements (ISAEs)
• 3000 Assurance Engagements (Previously ISAE 100)
• 3000R Assurance Engagements Other Than Audits or
  Reviews of Historical Financial Information
• 3400 The Examination of Prospective Financial
  Information (Previously ISA 810) 
• 4000-4699 International Standards on Related
  Services (ISRSs)
• 4400 Engagements to Perform Agreed-upon
  Procedures Regarding Financial Information
  (Previously ISA 920)
• 4410 Engagements to Compile Financial
• Information (Previously ISA 930)

ISAE
ISRS