Comparison Table of Internationa

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					     Comparison Table of International and Hong Kong Quality Control,
        Auditing, Review, Other Assurance, and Related Services
                   Pronouncements as at 30 June 2010

IAASB            HKICPA               Title
                 (Clarified)
International    Hong Kong Preface   Preface to the International Standards on Quality
Preface                              Control, Auditing, Review, Other Assurance and
                                     Related Services / Preface to Hong Kong Standards
                                     on Quality Control, Auditing, Review, Other Assurance
                                     and Related Services
International    Hong Kong           Glossary of Terms / Glossary of Terms Relating to
Glossary         Glossary            Hong Kong Standards on Quality Control, Auditing,
                                     Review, Other Assurance and Related Services
International Standards on Quality Control / Hong Kong Standards on Quality Control
ISQC 1           HKSQC 1             Quality Controls for Firms that Perform Audits and
                                     Reviews of Financial Statements, and Other
                                     Assurance and Related Services Engagements
AUDITS OF HISTORICAL FINANCIAL INFORMATION
International Standards on Auditing / Hong Kong Standards on Auditing
ISA 200          HKSA 200            Overall Objectives of the Independent Auditor and the
                                     Conduct of an Audit in Accordance with International
                                     Standards on Auditing / Overall Objectives of the
                                     Independent Auditor and the Conduct of an Audit in
                                     Accordance with Hong Kong Standards on Auditing
ISA 210          HKSA 210            Agreeing the Terms of Audit Engagements
ISA 220          HKSA 220            Quality Control for an Audit of Financial Statements
ISA 230          HKSA 230            Audit Documentation
ISA 240          HKSA 240            The Auditor’s Responsibilities Relating to Fraud in an
                                     Audit of Financial Statements
ISA 250          HKSA 250            Consideration of Laws and Regulations in an Audit of
                                     Financial Statements
ISA 260          HKSA 260            Communication with Those Charged with Governance
ISA 265          HKSA 265            Communicating Deficiencies in Internal Control to
                                     Those Charged with Governance and Management
ISA 300          HKSA 300            Planning an Audit of Financial Statements
ISA 315          HKSA 315            Identifying and Assessing the Risks of Material
                                     Misstatement through Understanding the Entity and Its
                                     Environment
ISA 320          HKSA 320            Materiality in Planning and Performing an Audit
ISA 330          HKSA 330            The Auditor’s Responses to Assessed Risks
ISA 402          HKSA 402            Audit Considerations Relating to an Entity Using a
                                     Service Organization
ISA 450          HKSA 450            Evaluation of Misstatements Identified during the Audit
ISA 500          HKSA 500            Audit Evidence
ISA 501          HKSA 501            Audit Evidence - Specific Considerations for Selected
                                     Items
ISA 505          HKSA 505            External Confirmations
ISA 510          HKSA 510            Initial Audit Engagements - Opening Balances
ISA 520          HKSA 520            Analytical Procedures
ISA 530         HKSA 530             Audit Sampling
ISA 540         HKSA 540             Auditing Accounting Estimates, Including Fair Value
                                     Accounting Estimates, and Related Disclosures
ISA 550         HKSA 550             Related Parties
ISA 560         HKSA 560             Subsequent Events
ISA 570         HKSA 570             Going Concern
ISA 580         HKSA 580             Written Representations
ISA 600         HKSA 600             Special Considerations – Audits of Group Financial
                                     Statements (Including the Work of Component
                                     Auditors)
ISA 610         HKSA 610             Using the Work of Internal Auditors
ISA 620         HKSA 620             Using the Work of an Auditor’s Expert
ISA 700         HKSA 700             Forming an Opinion and Reporting on Financial
                                     Statements
ISA 705         HKSA 705             Modifications to the Opinion in the Independent
                                     Auditor’s Report
ISA 706         HKSA 706             Emphasis of Matter Paragraphs and Other Matter
                                     Paragraphs in the Independent Auditor’s Report
ISA 710         HKSA 710             Comparative Information – Corresponding Figures and
                                     Comparative Financial Statements
ISA 720         HKSA 720             The Auditor’s Responsibilities Relating to Other
                                     Information in Documents Containing Audited Financial
                                     Statements
ISA 800         HKSA 800             Special Considerations – Audits of Financial
                                     Statements Prepared in Accordance with Special
                                     Purpose Frameworks
ISA 805         HKSA 805             Special Considerations – Audits of Single Financial
                                     Statements and Specific Elements, Accounts or Items
                                     of a Financial Statement
ISA 810         HKSA 810             Engagements to Report on Summary Financial
                                     Statements
FRAMEWORK
International    Hong Kong           International Framework for Assurance Engagements /
Framework        Framework           Hong Kong Framework for Assurance Engagements
AUDITS AND REVIEWS OF HISTORICAL FINANCIAL INFORMATION
International Auditing Practice Statements / Practice Notes
IAPS 1000        PN 1000             Inter-Bank Confirmation Procedures
IAPS 1004        PN 830              The Relationship Between Banking Supervisors and
                                     Banks’ External Auditors / Reports by Auditors Under
                                     the Banking Ordinance
IAPS 1006        -                   Audits of the Financial Statements of Banks
IAPS 1010        PN 1010             The Consideration of Environmental Matters in the
                                     Audit of Financial Statements
IAPS 1012        PN 1012             Auditing Derivative Financial Instruments
IAPS 1013        PN 1013             Electronic Commerce—Effect on the Audit of
                                     Financial Statements
International Standards on Review Engagements / Hong Kong Standards on Review
Engagements
ISRE 2400        HKSRE 2400          Engagements to Review Financial Statements
ISRE 2410        HKSRE 2410          Review of Interim Financial Information Performed by
                                     the Independent Auditor of the Entity
ASSURANCE ENGAGEMENTS OTHER THAN AUDITS OR REVIEWS OF HISTORICAL
FINANCIAL INFORMATION
International Standards on Assurance Engagements / Hong Kong Standards on
Assurance Engagements
ISAE 3000        HKSAE 3000         Assurance Engagements Other than Audits or
                                    Reviews of Historical Financial Information
ISAE 3400        -                  The Examination of Prospective Financial Information
ISAE 3402        HKSAE 3402         Assurance Reports on Controls at a Service
                                    Organization
RELATED SERVICES
International Standards on Related Services / Hong Kong Standards on Related
Services
ISRS 4400        HKSRS 4400         Engagements to Perform Agreed-Upon Procedures
                                    Regarding Financial Information
ISRS 4410        HKSRS 4410         Engagements to Compile Financial Information /
                                    Engagements to Compile Financial Statements

Notes:

1        To view Hong Kong Quality Control, Auditing, Review, Other Assurance, and Related Services
         Pronouncements, click here
         http://app1.hkicpa.org.hk/ebook/index.php

2        To view Exposure Drafts on Hong Kong Quality Control, Auditing, Review, Other Assurance,
         and Related Services Pronouncements, click here
         http://www.hkicpa.org.hk/en/standards-and-regulations/standards/auditing-
         assurance/exposure-drafts/

3        To view International Quality Control, Auditing, Review, Other Assurance, and Related
         Services Pronouncements issued by the IAASB, click here
         http://www.ifac.org/IAASB/Pronouncements.php

				
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posted:10/18/2010
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