The International Auditing and Assurance Standards Board has published the 2026 edition of its handbook, incorporating five volumes that cover quality management, auditing, and sustainability assurance standards.<\/p>\n
The updated publication organizes international pronouncements into five separate volumes. Volume 1 contains standards for quality management, auditing, and auditing practice notes. Volume 2 covers the auditing standard for financial statements of less complex entities.<\/p>\n
Volume 3 addresses sustainability assurance through International Standard on Sustainability Assurance 5000. Volume 4 contains standards for assurance, review, and related services, while Volume 5 outlines the overarching framework for audit quality and assurance engagements.<\/p>\n
Several pronouncements compiled in the handbook take effect in December 2026. These include revised standards on fraud responsibilities under ISA 240 and going concern assessments under ISA 570.<\/p>\n
The December 2026 implementation date also applies to ISSA 5000 and narrow scope amendments covering listed and public interest entity definitions, alongside updates stemming from the ethics board project on using the work of an external expert.<\/p>\n
The handbook is accessible as a PDF download and in printed format through the official board website. Stakeholders intending to translate or reproduce the text must submit requests through the online permissions system on the International Federation of Accountants website.<\/p>\n
The auditing board functions within the International Foundation for Ethics and Audit alongside the ethics standards board. The Public Interest Oversight Board maintains independent oversight over both standard-setting bodies.<\/p>\n
| Volume<\/th> | Scope and Content<\/th><\/tr><\/thead> |
|---|---|
| Volume 1<\/th> | Quality Management (ISQMs), Auditing (ISAs), and Auditing Practice Notes (IAPNs)<\/td><\/tr>\n |
| Volume 2<\/th> | Standard on Auditing for Less Complex Entities (ISA for LCE)<\/td><\/tr>\n |
| Volume 3<\/th> | International Standard on Sustainability Assurance (ISSA 5000)<\/td><\/tr>\n |
| Volume 4<\/th> | Assurance (ISAEs), Review (ISREs), and Related Services (ISRSs)<\/td><\/tr>\n |
| Volume 5<\/th> | Framework for Audit Quality and Framework for Assurance Engagements<\/td><\/tr>\n<\/tbody><\/table><\/div><\/div>\nFrequently Asked Questions<\/strong><\/h2>\n
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