Discussion Paper, Exploring the Demand for Agreed-Upon Procedures Engagements and Other Services, and the Implications for the IAASB’s International Standards
IAASB
Nov 29, 2016 | Exposure Drafts and Consultation Papers
English
All available Translations: French
Don't see your language? Request permission to translate
Comments due by: Mar 29, 2017
This Discussion Paper, issued by the International Auditing and Assurance Standards Board (IAASB)’s Agreed-Upon Procedures (AUP) Working Group, sets out the key features of an AUP engagement and explores how they are undertaken, including the extent to which practitioners find existing requirements and guidance helpful or challenging. In addition, the IAASB is seeking an understanding of how reports on factual findings are used to determine the needs of users. The Discussion Paper also explores the demand for engagements that combine reasonable assurance, limited assurance, and non-assurance engagements, and whether the IAASB’s existing International Standards are appropriate.
Stakeholder input will be helpful to assist the IAASB in determining what is needed to meet stakeholder’s needs, including standard setting and other possible actions.
Comments on the Discussion Paper are requested by March 29, 2017.
Copyright © 2023 The International Federation of Accountants (IFAC). All rights reserved.
Submitted Comment Letters
1. Provincial Auditor of Saskatchewan (Canada)
February 13, 2017
2. Crowe Horwath International
March 7, 2017
3. WPK (Wirtschaftsprueferkammer) (Germany)
March 8, 2017
4. AASB (Canada)
March 13, 2017
5. NASBA
March 20, 2017
6. ICAEW (United Kingdom)
March 20, 2017
7. Institut der Wirtschaftspruefer in Deutschland e.V. (IDW) (Germany)
March 21, 2017
8. Kingston Smith LLP (United Kingdom)
March 22, 2017
9. European Commission (Belgium)
March 24, 2017
10. South African Institute of Professional Accountants (SAIPA) (South Africa)
March 24, 2017
11. Malaysian Institute of Accountants (Malaysia)
March 24, 2017
12. ICAS (United Kingdom)
March 24, 2017
13. European Federation of Accountants and Auditors for SMEs (EFAA)
March 24, 2017
14. The Institute of Chartered Accountants of Sri Lanka. (Sri Lanka)
March 27, 2017
15. ASSIREVI (Italy)
March 27, 2017
16. Ernst & Young Global Limited
March 27, 2017
17. The Malaysian Institute of Certified Public Accountants (Malaysia)
March 27, 2017
18. New Zealand Auditing and Assurance Standards Board
March 28, 2017
19. CIPFA (United Kingdom)
March 28, 2017
20. The Japanese Institute of Certified Public Accountants (Japan)
March 28, 2017
21. AICPA (United States)
March 28, 2017
22. BDO (United Kingdom)
March 29, 2017
23. Chartered Accountants Australia and New Zealand (Australia, New Zealand)
March 29, 2017
24. PKF International Limited
March 29, 2017
25. KPMG IFRG Limited
March 29, 2017
26. ISCA (Singapore)
March 29, 2017
27. FAR - the Institute for the Accountancy Profession in Sweden (Sweden)
March 29, 2017
28. KICPA (Korea, Republic of)
March 29, 2017
29. The Institute of Chartered Accountants (Ghana) (Ghana)
March 29, 2017
30. The South African Institute of Chartered Accountants (South Africa)
March 29, 2017
31. FEDERACION ARGENTINA DE CONSEJOS PROFESIONALES DE CIENCIAS ECONÓMICAS (Argentina)
March 29, 2017
32. Independent Regulatory Board for Auditors (IRBA) (South Africa)
March 29, 2017
33. Hong Kong Institute of Certified Public Accountants (Hong Kong (Special Administrative Region of China))
March 29, 2017
34. PwC International Limited
March 29, 2017
35. INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF UGANDA (Uganda)
March 29, 2017
36. Grant Thornton International Limited
March 29, 2017
37. Audit New Zealand (New Zealand)
March 29, 2017
38. Association of Chartered Certified Accountants (ACCA)
March 29, 2017
39. Chartered Accountants Ireland (Ireland)
March 30, 2017
40. Institute of Chartered Accountants of Zimbabwe (Zimbabwe)
March 30, 2017
41. Royal NBA, the Netherlands Institute of Chartered Accountants (Netherlands)
March 30, 2017
42. IFAC SMP Committee
March 30, 2017
43. IBR-IRE (Belgium)
March 31, 2017
44. RSM
March 31, 2017
45. 14000registry (Canada)
March 31, 2017
46. Accountancy Europe (Belgium)
April 3, 2017
47. Federation of Accounting Professions (Thailand)
April 5, 2017
48. CPA Australia (Australia)
April 11, 2017
49. Altaf Noor Ali Chartered Accountants (Pakistan)
April 12, 2017
50. Australian Auditing and Assurance Standards Board (Australia)
April 19, 2017
51. FSR - danske revisorer (Denmark)
April 19, 2017
52. Compagnie Nationale des Commissaires aux Comptes (France)
May 10, 2017
53. The Institute of Internal Auditors South Africa (South Africa)
May 11, 2017
54. Deloitte Touche Tohmatsu Limited
June 6, 2017
Related Resources
- 2018 Handbook of International Quality Control, Auditing, Review, Other Assurance, and Related Services Pronouncements
- 2021 Handbook of International Quality Control, Auditing, Review, Other Assurance, and Related Services Pronouncements
- Proposed International Standard on Auditing 500 (Revised), Audit Evidence, and Proposed Conforming and Consequential Amendments to Other ISAs
- Proposed Part 10, Audits of Group Financial Statements of the Proposed ISA for Audits of Financial Statements of Less Complex Entities
- Quality Management and Group Audits: Highlighting Certain Aspects of Interaction Between ISA 220 (Revised) and ISA 600
