AGSs are issued to promote best practices and provide practical assistance to professional accountants in public practice.
Professional accountants in public practice should consider the applicability of AGSs to their engagements. A professional accountant in public practice who has not applied the guidance included in a relevant AGS should be prepared to explain how:
have been compiled with.
|AGS||Description||Last Update/Effective Date|
|1||Sample Independent Auditor’s Reports 1||Download||Sep 19|
|2||Verification of Debtor Balances – Confirmation by Direct Communication (Withdrawn on 6 October 2015)|
|3||Microfilm Records and their Audit Implications (Withdrawn on 15 March 2010)|
|4||Existence and Valuation of Inventories in the Context of the Historical Cost System||Download||Dec 18 (Periods beginning on or after 1 January 2018)|
|5||Audits of Entities in Specific Industries, Professions or Vocations 2||Download||Nov 15 (Periods ending on or after 15 December 2016)|
|6||Bank Reports for Audit Purposes||Download||May 06|
|7||Value for Money Auditing In a Statutory Board (Withdrawn on 4 June 2015)|
|8||Reports on the Internal Control Procedures of Service Organisations (Withdrawn on 25 February 2015)3|
|9||Opinion on Receipts, Expenditure, Investment of Moneys and the Acquisition and Disposal of Assets by Statutory Boards||Download||Nov 19 (Periods beginning on or after 1 April 2018)|
|10||Joint Audits||Download||Nov 15 (Periods ending on or after 15 December 2016)|
|11||Comfort Letters and Due Diligence Meetings||Download||Dec 18 (Periods beginning on or after 1 January 2018)|
|12||Group Audits - Inaccessibility of Component Auditors’ Work Papers and Other Considerations||Download||Feb 2020|