News
Handbook of International Auditing, Assurance, And Ethics Pronouncements 2008
20-Aug-2008
The Arab Society of Certified Accountants (Jordan)
Issued
The Arabic translation of
Handbook of International Auditing, Assurance, And Ethics Pronouncements 2008
The Arab Society Of Certified Accountants (Jordan) issued the most update Arabic translation of Handbook of International Auditing, Assurance, And Ethics Pronouncements for the first time in two parts as follows:-
Part I
It includes information about the International Federation of Accountants (IFAC), the Code of Ethics, Auditing, Review, Other Assurance, and Related Services
Part II
It includes information about the (Clarity project) of the International Auditing and Assurance Standards Board (IAASB) and an amended preface to the International Standards on Quality Control, Auditing, Review, Other Assurance and Related Services, in addition to the following redrafted standards:-
• ISA 230 (Redrafted), “Audit Documentation;”
• ISA 260 (Revised and Redrafted), “Communication with Those Charged with Governance;”
• ISA 540 (Revised and Redrafted), “Auditing Accounting Estimates, Including Fair Value Accounting Estimates, and Related Disclosures;”
• ISA 600 (Revised and Redrafted), “Special Considerations—Audits of Group Financial Statements (Including the Work of Component Auditors);” and
• ISA 720 (Redrafted), “The Auditor’s Responsibility in Relation to Other Information in Documents Containing Audited Financial Statements.”
These standards shall be effective for audits of financial statements for periods beginning on or after December 15, 2009.
It is worthy to mention that ASCA (Jordan) continuously seeks to develop both accounting and management sciences as well as all related principles applicable to all or some professional services. ASCA (Jordan) also seeks to upgrade the competence, practice and Code of ethics at the highest professional levels through the issuance of accounting publications and following up the recent developments in accounting and auditing.