Status of Pronouncements
The Committee for Auditing Standards’ (CFAS) Status and Authority of Quality Control, Auditing, Review, Other Assurance and Related Services Pronouncements clarifies the status and authority of the auditing pronouncements (standards, practice statements and guides) issued by the IRBA.
Due Process Policy
The Committee for Auditing Standards’ (CFAS) Due Process Policy for the Development, Adoption and Issue of Quality Control, Auditing, Review, Other Assurance and Related Services Pronouncements, serves the public interest clarifies the objectives and operating procedures of the CFAS in the development, adoption and issue of high-quality standards.
Adoption of the Standards
The continued adoption and prescription of the Standards is effected by gazetting periodic IRBA Board Notices.
More background information on the adoption of the Standards in South Africa is available in the IRBA Manual of Information.