Audit and assurance
Content Summary
COVID-19 regulatory relief and resources
CPA Australia’s COVID-19 coverage is dedicated to what the pandemic means for auditing and accounting professionals. Our extensive commentary and analysis of the COVID-19 pandemic and our industry’s response is continually updated to ensure you have the most recent information about how it affects your business and your clients.
Auditor registration
Members taking on audit or review engagements for clients can find out which registrations and competencies they may require
Financial report audit resources
CPA Australia has collected resources, guidance and the latest news and research on financial report audit practices
Auditing small and medium entities
Auditing small and medium entities requires a different approach to working with large companies and organisations
Self-managed super fund auditors
A range of resources for self-managed superannuation fund (SMSF) auditors, including articles, podcasts, guides and manuals.
Auditor independence and rotation
In Australia, auditor independence is regulated under the Corporations Act, Australian Auditing Standards and Code of Ethics
Non-financial information assurance
There are five broad categories of non-financial report assurance which can be conducted
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 and use this information in their decision making.
February 2021
November 2019
November 2019
September 2014
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.
New and proposed standards
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.