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Author Archives: auditingassurance
Philippine Standards on Related Services (PSRS) 4400 (Revised)
The Auditing and Assurance Standards Council (AASC) has approved the International Standard on Related Services 4400 (Revised), Agreed-upon Procedures Engagements, which has been approved for adoption by the Auditing and Assurance Standards Council...
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AASC Alert No. 002 Series of 2021
Auditors' Practice Guidance on SEC Memorandum Circular No. 35, Series of 2020 Description On December 28, 2020, the Securities and Exchange Commission (SEC) issued SEC Memorandum Circular No. 35, Series of 2020 (referred to herein after as "the...
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PAPN No. 001 of 2021
Date: October 2021 Philippine Auditing Practice Notes (PAPN) are issued by the Auditing and Assurance Standards Council (AASC) to provide practical assistance to auditors and to promote good practice. They also provide material that auditing firms...
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Philippine Standards on Auditing (PSA) 315 (Revised 2019)
The Auditing and Assurance Standards Council (AASC) has approved on March 2, 2020 the adoption of International Standard on Auditing (ISA) 315 (Revised 2019), Identifying and Assessing the Risks of Material Misstatement, and Conforming and...
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Philippine Standards on Auditing (PSA) 540 (Revised)
The Auditing and Assurance Standards Council (AASC) has approved on May 21, 2019 the adoption of International Standard on Auditing (ISA) 540 (Revised), Auditing Accounting Estimates and Related Disclosures, and, Conforming and Consequential...
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Philippine Standards on Auditing (PSA) 250 (Revised)
The Auditing and Assurance Standards Council (AASC) has approved on May 28, 2018 the adoption of International Standard on Auditing 250 (Revised), Consideration of Laws and Regulations in an Audit of Financial Statements, Including Related...
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