Conformity with International Standards

Conformity with International Standards on Auditing

This Auditing Standard issued by the AUASB conforms with International Standard on Auditing ISA 610 Using the Work of Internal Auditors, issued by the International Auditing and Assurance Standards Board (IAASB), an independent standard‑setting board of the International Federation of Accountants (IFAC).

This Auditing Standard prohibits the use of internal auditors to provide direct assistance in an audit or review conducted in accordance with the Australian Auditing Standards. This prohibition on direct assistance does not represent a divergence from ISA 610, as the IAASB makes it clear that its requirements and guidance in this area will not be applicable in jurisdictions where the use of internal auditors to provide direct assistance is prohibited.

Where paragraphs in ISA 610 relating to the use of internal auditors to provide direct assistance have not been included in this Auditing Standard, the words “[Deleted by the AUASB. Refer Aus 1.2]” have been inserted in their place.

Paragraphs that have been added to this Auditing Standard (and do not appear in the text of the equivalent ISA) are identified with the prefix “Aus”.

The following requirements are additional to ISA 610:

• The use of internal auditors to provide direct assistance is prohibited in an audit or review conducted in accordance with the Australian Auditing Standards. For a group audit, this prohibition extends to the use of internal auditors to provide direct assistance in an audit or review of a component, including an overseas component, conducted in accordance with the Australian Auditing Standards. (Ref: Para. Aus 1.2)
• The external auditor shall not use internal auditors to provide direct assistance on the external audit engagement. (Ref: Para. Aus 25.1)

Compliance with this Auditing Standard enables compliance with ISA 610.