AASB Decision Summary – September 16-18, 2015 - Auditor Reporting

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Oct 02, 2015

On October 2, 2015, the Auditing and Assurance Standards Board (AASB) released an executive summary of discussions and decisions with respect to the topics addressed at this meeting.

At its meeting on September 16-18, 2015, the AASB agreed to extend the deadline for comments on its Invitation to Comment, Implementation Considerations for New Auditor Reporting Standards, to February 5, 2016. The extended deadline will allow sufficient time for respondents to also consider proposals related to proposed CAS 720, The Auditor’s Responsibilities Relating to Other Information. The AASB expects to approve an exposure draft of CAS 720 at its October 2015 meeting.

Review the Decision Summary on the AASB's Web Site.

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