Practice Note Exposure Drafts with ended comment period

On this page you find the Practice Notes that have been exposed for comment, but that have not yet been endorsed by INCOSAI. The latest version of all International Standards for Supreme Audit Institutions (ISSAIs) can be found on the ISSAI website.

The following were closed for comments on 13 November, 2009:

ISSAI 1000 General Introduction to the INTOSAI Financial Audit Guidelines
ISSAI 1003 Glossary of Terms

The following were closed for comments on 4 September, 2009:

ISSAI 1265 Communicating Deficiencies in Internal Control to Those Charged with Governance
ISSAI 1320 Materiality in Planning and Performing an Audit (re-exposure)
ISSAI 1620 Using the Work of an Auditor’s Expert and Management

The following were closed for comments on 31 July, 2009:

ISSAI 1402 Audit Considerations Relating to an Entity Using a Service Organization
ISSAI 1501 Audit Evidence – Specific Considerations for Selected Items
ISSAI 1505 External Confirmations
ISSAI 1510 Initial Audit Engagements – Opening Balances
ISSAI 1520 Analytical Procedures
ISSAI 1530 Audit Sampling
ISSAI 1540 Auditing Accounting Estimates, Including Fair Value Accounting Estimates, and Related Disclosures

The following were closed for comments on 1 May, 2009:

ISSAI 1600 Special Considerations- Audits of Group Financial Statements (Including the Work of Component Auditors)
ISSAI 1610 Using the Work of Internal Auditors
ISSAI 1700 Forming an Opinion and Reporting on Financial Statements
ISSAI 1705 Modifications to the Opinion in the Independent Auditor’s Report
ISSAI 1706 Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent Auditor’s report
ISSAI 1710 Comparative Information—Corresponding Figures and Comparative Financial Statements
ISSAI 1720 The Auditor’s Responsibilities Relating to Other Information in Documents Containing Audited Financial Statements

The following were closed for comments on 31 January, 2009 and were approved by FAS in April 2009:

ISSAI 1200 Overall Objective of the Independent Auditor and the Conduct of an Audit in Accordance with International Standards of Auditing
ISSAI 1210 Agreeing the Terms of Audit Engagements
ISSAI 1240 The Auditor’s Responsibility Relating to Fraud in an Audit of Financial Statements
ISSAI 1250 Considerations of Laws and Regulations in an Audit of Financial Statements
ISSAI 1500 Audit Evidence
ISSAI 1550 Related Parties
ISSAI 1560 Subsequent Events
ISSAI 1570 Going Concern
ISSAI 1580 Written Representations

The following was closed for comments on 5 January, 2008:

ISSAI 1320 Materiality in Planning and Performing an Audit

(23-11-2009)