The Auditing and Assurance Standards Board (AASB) has several strategic initiatives where our work can extend beyond standard-setting. The AASB’s 2022-2025 Strategic Plan committed to working on the following initiatives during this period:
The Board is committed to providing solutions for small and medium-sized entities that respond to the environment and allow practitioners to apply standards in a scalable and proportional way on the less complex elements of an audit. Refer to our Audits of Less Complex Entities page for more information on the Board’s work in this area.
The Board is committed to understanding and responding to the evolving information needs of users.
Sustainability reporting has quickly become a matter of global importance. Refer to our Sustainability Assurance page for more information on the Board’s work in this area.
The Board is committed to reflecting the increasing use of technology by entities and practitioners in our standards and guidance. Refer to our Technology page for more information on the Board’s work in this area.