Financial Analysis in Hong Kong: Qualitative Examination of Financial Statements (2nd edition) for CEOs and Board Members

Appendix III. List of Auditing Standards in Hong Kong

Appendix III List of Auditing Standards in Hong Kong (Updated to March 2013) PREFACE (Amended) Amended Preface to the Hong Kong Quality Control, Auditing, Other Assurance and Related Services Pronouncements GLOSSARY (Clarified) Glossary of Terms Relating to Hong Kong Standards on Quality Control, Auditing, Review, Other Assurance and Related Services Hong Kong Standards on Quality Control HKSQC 1 (Clarified) Quality Control for Firms that Perform Audits and Reviews of Financial Statements, and Other Assurance and Related Services Engagements FRAMEWORK Hong Kong Framework for Assurance Engagements Hong Kong Standards on Auditing (HKSA) HKSA 200–299 General Principles and Responsibilities HKSA 200 (Clarified) Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with Hong Kong Standards on Auditing HKSA 210 (Clarified) Agreeing the Terms of Audit Engagements HKSA 220 (Clarified) Quality Control for an Audit of Financial Statements HKSA 230 (Clarified) Audit Documentation HKSA 240 (Clarified) The Auditor’s Responsibilities Relating to Fraud in an Audit of Financial Statements HKSA 250 (Clarified) Consideration of Laws and Regulations in an Audit of Financial Statements HKSA 260 (Clarified) Communication of Audit Matters with Those Charged with Governance HKSA 265 (Clarified) Communicating Deficiencies in Internal control to Those Charged with Governance and Management HKSA 300–499 Risk Assessment and Response to Assessed Risks HKSA 300 (Clarified) Planning an Audit of Financial Statements HKSA 315 (Clarified) Identifying and Assessing the Risks of Material Misstatement through Understanding the Entity and Its Environment HKSA 315 (Revised) Identifying and Assessing the Risks of Material Misstatement through Understanding the Entity and Its Environment 212 Appendix III HKSA 320 (Clarified) Materiality in Planning and Performing an Audit HKSA 330 (Clarified) The Auditor’s Response to Assessed Risks HKSA 402 (Clarified) Audit Considerations Relating to Entities Using Service Organizations HKSA 450 (Clarified) Evaluation of Misstatements Identified during the Audit HKSA 500–599 Audit Evidence HKSA 500 (Clarified) Audit Evidence HKSA 501 (Clarified) Audit Evidence—Additional Considerations for Selected Items HKSA 505 (Clarified) External Confirmations HKSA 510 (Clarified) Initial Audit Engagements—Opening Balances HKSA 520 (Clarified) Analytical Procedures HKSA 530 (Clarified) Audit Sampling HKSA 540 (Clarified) Audit of Accounting Estimates, Including Fair Value Accounting Estimates, and Related Disclosures HKSA 550 (Clarified) Related Parties HKSA 560 (Clarified) Subsequent Events HKSA 570 (Clarified) Going Concern HKSA 580 (Clarified) Written Representations HKSA 600–699 Using Work of Others HKSA 600 (Clarified) Special Considerations—Audits of Group Financial Statements (Including the Work of Component Auditors) HKSA 610 (Clarified) Using the Work of Internal Auditors HKSA 610 (Revised) Using the Work of Internal Auditors HKSA 620 (Clarified) Using the Work of an Auditor’s Expert HKSA 700–799 Audit Conclusions and Reporting HKSA 700 (Clarified) Forming an Opinion and Reporting on Financial Statements HKSA 705 (Clarified) Modifications to the Opinion in the Independent Auditor’s Report HKSA 706 (Clarified) Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent Auditor’s Report HKSA 710 (Clarified) Comparative Information—Corresponding Figures and Comparative Financial Statements HKSA 720 (Clarified) The Auditor’s Responsibilities Relating to Other Information in Documents Containing Audited Financial Statements HKAS 800–899 Specialised Areas HKSA 800 (Clarified) Special Considerations—Audits of Financial Statements Prepared in Accordance with Special Purpose Frameworks HKSA 805 (Clarified) Special Considerations—Audits of Single Financial Statements and Specific Elements, Accounts or Items of a Financial Statement HKSA 810 (Clarified) Engagements to Report on Summary Financial Statements Hong Kong Standards on Review Engagements HKSRE 2400 Engagements to Review Financial Statements HKSRE 2400 (Revised) Engagements to Review Historical Financial Statements HKSRE 2410 Review of Interim Financial Information Performed by the Independent Auditor of the Entity Appendix III 213 Hong Kong Standards on Assurance Engagements HKSAE 3000 Assurance Engagements Other Than Audits or Reviews of Historical Financial Information HKSAE 3402 Assurance Reports on Controls at a Service Organization HKSAE 3410 Assurance Engagements on Greenhouse Gas Statements Hong Kong Standards on Investment Circular Reporting Engagements HKSIR 300 Accountants’ Reports on Pro Forma Financial Information in Investment Circulars HKSIR 400 Comfort Letters and Due Diligence Meetings Hong Kong Standards on Related Services HKSRS 4400 Engagements to Perform Agreed-upon Procedures Regarding Financial Information HKSRS 4410 Engagements to Compile Financial Statements HKSRS 4410 (Revised) Compilation Engagements Practice Notes PN 600.1 Reports by the auditor under the Hong Kong Companies Ordinance PN 620.2 Communications between Auditors and the Insurance Authority PN 720 Acting as Scrutineer at a General Meeting of a Listed Issuer PN 730 Guidance for Auditors Regarding Preliminary...