Office of the Auditing and Assurance Standards Board
The Auditing and Assurance Standards Board (AUASB) is an independent, statutory agency of the Australian Government, responsible for developing, issuing and maintaining auditing and assurance standards. Sound public interest-oriented auditing and assurance standards are necessary to reinforce the credibility of the auditing and assurance processes for those who use financial and other information. The AUASB standards are legally enforceable for audits or reviews of financial reports required under the Corporations Act 2001. The AUASB's role extends to liaison with other national standards setters and participation in international standard-setting initiatives.
Type of Body
A. Non Corporate Commonwealth Entity
GFS Sector Classification
Established By / Under
PGPA Rule (Schedule 1)
Annual Report Prepared and tabled?
GFS Function / Sector Reported
PS Act Body
Yes - Statutory Agency with Dual Staffing Powers
1 July 2004
PO Box 204, Collins Street West, VIC 8007