Audit and assurance
Content Summary
Auditor registration
Licensing requirements and regulations for auditors
Financial report audit resources
Resources, guidance and research on financial report audit practices
Auditing small and medium entities
Resources to help auditors understand the needs of smaller clients
Self-managed super fund auditors
A range of articles, podcasts, guides and manuals for SMSF auditors
Auditor independence and rotation
Guides, resources and regulations for auditor rotation and independence
Non-financial information assurance
There are five broad categories of non-financial report assurance
Applying the auditing competency standard
Answers to frequently asked questions about the auditing competency standard
COVID-19 information and support
Resources, guides, advice and updates designed to support you and your clients during the pandemic.
Quality Management
These online resources will improve your knowledge on the new Quality Management system that all audit firms need to implement by December 2022.
Australian Government Auditing and Assurance Standards Board – Quality Management
Australian and international publications
International Auditing and Assurance Standards Board – Quality Management
Information about the three new and revised standards
Proposed quality management standards - what are they and how will they impact your practice?
CPA Australia podcast | 14 June 2019
Understanding auditing and assurance
These guides from CPA Australia explain the value and purpose of auditing and assurance to help shareholders understand messages from their company's auditor. They can also use this information in their decision making.
March 2022
August 2021
February 2021
November 2019
November 2019
Audit and assurance publications
This guide supports the use of recognition and accountability mechanisms, focused on individuals in leadership positions, to improve audit quality. A joint publication of CPA Australia and Chartered Accountants Australia New Zealand (CA ANZ) developed on behalf of the Australian Auditing and Accounting Public Policy Committee (APPC).
Root cause analysis (RCA) is an effective and efficient way to improve audit quality. This guide explains how audit practitioners can use RCA to identify and address the reasons behind internal and external reviews and inspection findings. A joint publication of CPA Australia and CA ANZ developed on behalf of the APPC.
This research seeks to understand the extent of audit offshoring, the perceived benefits, and why firms are offshoring audit work. The research also covers the perception of the quality of work delivered from offshore workers. This research was supported by CPA Australia.
Professional development
These online courses from CPA Australia will help improve your knowledge as an auditor. They may also contribute to your CPD hours.
Library resources for audit and assurance
CPA Australia members can access the following auditing and assurance resources from our library.
- Auditing: theory and practice in Malaysia
- Frequently asked questions in international standards on auditing
- Internal auditing
- Lean auditing: Driving added value and efficiency in internal audit
- Auditing, assurance services and forensics: a comprehensive approach
- Core auditing standards for practitioners
- Yellow book: Government auditing standards
- Managerial auditing journal
- Accounting, auditing and accountability journal
- Contemporary issues in audit management and forensic accounting
Auditing and assurance standards
Auditing and assurance standards, along with the Code of Ethics for Professional Accountants and related standards, establish requirements and provide application and other material for audits, reviews and other assurance engagements.