Updated Guidance for Performance Audits in the Public Sector – AASB

Date recorded:

At its meeting on December 2-3, 2019, the AASB discussed key issues raised by stakeholders on the Exposure Draft of proposed AuG-50, including: incorporating materials from extant standards into the proposed Guideline; clarifying the concept of an engagement partner in the public sector context; the definition of legislative auditor; presenting the assurance conclusions; and making recommendations in a performance audit report. The Board will continue to discuss these and other issues at future meetings.

Review the executive summary on the AASB's Web site.

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