ISAE 3000
The International Standard on Assurance Engagements 3000 , usually abbreviated as ISAE 3000 , is an international auditing standard published by the International Federation of Accountants (IFAC) , in which the procedure for business audits goes beyond the review of financial information such as classic quarterly reports. or annual audits including reporting by an auditor .
background
The regulations of ISAE 3000 aim to ensure a uniform framework for audit services that are not audits or auditor reviews of historical financial information. Therefore, the standard is principle-based so that it can be applied to a wide range of consulting assignments. Typical examples of auditor services that fall under the scope of application are certified statements on reporting on corporate social responsibility or the internal control system , in which the audited company voluntarily undertakes the relevant areas, i.e. H. without (explicit) legal requirement to be subjected to the examination. The standard also creates the framework for other ISAE that regulate specific sub-aspects more precisely, such as ISAE 3402 for auditing activities and reporting on controls at service companies or ISAE 3420 for auditing activities regarding financial information contained in a securities prospectus.
The standard was developed by the International Auditing and Assurance Standards Board within IFAC and last revised in 2013. In December 2013, the currently valid version was published as the final standard after it was adopted; the first application was for all financial statements with a cut-off date after December 15, 2015. The regulations of the standard are of a general nature and therefore affect various standards to be applied by German auditors. This applies, for example, to the IDW PS 860 developed in 2018 and to be applied as a professional regulation for "IT audits outside the final audit" of the Institute of Auditors , which is largely based on the regulations of the ISAE 3000 in order to comply with the regulations of the international standard.
Individual evidence
- ↑ iasplus.com: "IAASB publishes comprehensive standard on audit-related services"
- ↑ bdo.de: "News: Voluntary examination of individual information according to ISAE 3000 (Rev.)"
- ↑ iaasb.org: "International Standard on Assurance Engagements (ISAE) 3000 Revised, Assurance Engagements Other than Audits or Reviews of Historical Financial Information"
- ↑ psp.eu: "IDW examination standard: IT examination outside of the final examination (IDW PS 860)"