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Auditing and Assurance Guidance Statements

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Excerpt taken from the Auditing and Assurance Standards Board's (AUASB) website. All the AGSs below can be downloaded from there. 
 
The following Auditing and Assurance Guidance Statements (AGSs) were issued by the former Auditing and Assurance Standards Board (AuASB) of the Australian Accounting Research Foundation. These AGSs do not establish new principles and do not amend existing Auditing and Assurance Standards. It is envisaged that these AGSs will be progressively re-issued over the next two years by the reconstituted AUASB. 

  • 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  • AGS 1010 Audit Obligations of the Financial Institutions Scheme (withdrawn)  
  • AGS 1012Share Buy-Backs - Auditor's Report (withdrawn)  
  • 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  • AGS 1018 IT Environments - Stand-Alone Personal Computers (October 2001) (withdrawn)  
  • AGS 1020 IT Environments - On-Line Computer Systems (October 2001) (withdrawn)  
  • AGS 1022 IT Environments - Database Systems (October 2001) (withdrawn)  
  • 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  • AGS 1034 Implications for Management and Auditors of the Year 2000 Systems Issue (withdrawn)  
  • 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)  
  • 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)  
  • 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 1060 Computer Assisted Audit Techniques (October 2001) (withdrawn)  
  • 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)
The following Auditing and Assurance Guidance Statement were issued by the reconstituted AUASB:  
  • AGS 1038 Access to Audit Working Papers (February 2006)  
  • AGS 1046 Responding to Questions at an Annual General Meeting (October 2005)  
  • AGS 1068 Audit Requirements for Australian Financial Services Licensees under the Corporations Act 2001 (as issued by the reconstituted AUASB in October 2004)  
  • AGS 1070 Special Considerations in the Audit of Risk Management Requirements for Registrable Superannuation Entities and Licensees (July 2006)