CAS 330, The Auditor’s Responses to Assessed Risks
Effective date: |
Effective for audits of financial statements for periods ending on or after December 14, 2010 except for subsequent amendments. |
Overview
CAS 330, The Auditor’s Responses to Assessed Risks, deals with the auditor's responsibility to design and implement responses to the risks of material misstatement identified and assessed by the auditor in accordance with CAS 315 (Revised), Identifying and Assessing the Risks of Material Misstatement through Understanding the Entity and Its Environment, in an audit of financial statements.
History of CAS 330
Date |
Development |
Comments |
June 2017 |
Amendments to paragraphs 20, 24 and 30 to address the adequacy of disclosures in the audit of financial statements. |
Amended paragraphs 20, 24 and 30 are effective for audits of financial statements for periods ending on or after December 15, 2018. Earlier application is permitted. |
Note: Our history summary does not take into account consequential amendments made as the result of other projects.
Amendments under consideration
- None