News
International Quality Control, Auditing, Review, Other Assurance, and Related Services Pronouncements 2010
20-Sep-2010
The Arab Society of Certified Accountants (ASCA -Jordan) issued the first Arabic 2010 edition of the International Standards on Auditing and Quality Control handbook after being updated to include the quality control standards.
The handbook consists of:
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The International Standard on Assurance Engagements (ISAE) 3402, “Assurance Reports on Controls at a Service Organization” issued by the IAASB in December 2009. This new standard addresses reports on the description, design, and operating effectiveness of controls relating to the broad range of services that today’s service organizations provide. Such services can range from assisting with processing transactions to performing one or more business functions. ISAE 3402 is effective for service auditors’ reports covering periods ending on or after June 15, 2011.
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Code of Ethics for Professional Accountants
This handbook replaces Part I of the 2008 edition of the Handbook of International Auditing, Assurance and Ethics Pronouncements and the 2009 edition of the Handbook of International Standards on Auditing and Quality Control which featured the thirty six International Standards on Auditing (ISAs) and the International Standard on Quality Control (ISQC) that have been redrafted by the IAASB to improve their clarity.