|
Subject |
AAS/SAP |
Mandatory for audits
commencing on or after |
|
1 |
Basic Principles governing an audit. |
1-4-1985 |
|
2 |
Objective & Scope of Audit of Financial
Statements. |
1-4-1985 |
|
3 |
Documentation. |
1-7-1985 |
|
4 |
(Revised) The Auditor's responsibility to
consider fraud and error in an Audit of
Financial Statements. |
1-4-2003 |
|
5 |
Audit Evidence. |
1-1-1989 |
|
6 |
(Revised) Risk Assessment and Internal Control. |
1-4-2002 |
|
7 |
Relying upon the work of an Internal Auditor. |
1-4-1989 |
|
8 |
Audit Planning. |
1-4-1989 |
|
9 |
Using work of an expert. |
1-4-1991 |
|
10 |
(Revised) Using the work of another auditor. |
1-4-1995 |
|
11 |
Representations by Management. |
1-4-1995 |
|
12 |
Responsibility of Joint Auditors. |
1-4-1996 |
|
13 |
Audit Materiality. |
1-4-1996 |
|
14 |
Analytical Procedures. |
1-4-1997 |
|
15 |
Audit Sampling. |
1-4-1998 |
|
16 |
Going Concern. |
1-4-1999 |
|
17 |
Quality Control for Audit Work. |
1-4-1999 |
|
18 |
Audit of Accounting Estimates. |
1-4-2000 |
|
19 |
Subsequent Events. |
1-4-2000 |
|
20 |
Knowledge of the Business. |
1-4-2000 |
|
21 |
Consideration of Laws and Regulations in
an Audit of Financial Statements. |
1-7-2001 |
|
22 |
Initial Engagements – Opening Balances. |
1-7-2001 |
|
23 |
Related Parties. |
1-4-2001 |
|
24 |
Audit consideration relating to entities
using service organisations. |
1-4-2003 |
|
25 |
Comparatives. |
1-4-2003 |
|
26 |
Terms of Audit Engagements |
1-4-2003 |
|
27 |
Communications of Audit matters with those
charged with governance. |
1-4-2003 |
|
28 |
The Auditor’s Report on Financial statements. |
1-4-2003 |
|
29
|
Auditing in a Computer Information Systems Environment. |
1-4-2003 |
|
30 |
External Confirmation. |
1-4-2003 |
|
31 |
Engagements to Compile Financial Information. |
1-4-2004 |
|
32
|
Engagements to perform Agreed upon
procedures regarding financial information. |
1-4-2004 |
|
33 |
Engagements to Review Financial Statements |
1-4-2005 |
|
34 |
Audit Evidence – Additional Consideration
for Specific Items |
1-4-2005 |
|
35 |
The Examination Of Prospective Financial Information |
1-4-2007 |
|
|
Three General Clarifications are also issued up to
31st March 2007 as follows: |
|
|
GC/AASB/1/2002 AAS 9 |
Using the work of an expert |
|
|
GC/AASB/2/2004 AAS 26 |
Terms of Audit Engagement |
|
|
GC/AASB/3/2004 AAS16 |
Going Concern |
|
|
(For Gist of Selected AAS
Click herer) |
|
