Auditing and Assurance Standards Board

https://lawatlas.ai/ontology/fibo-au/AURegulatoryAgencies/AuditingAndAssuranceStandardsBoard

LawAtlas.ai has offered these files to the EDM Council for inclusion in FIBO, the Financial Industry Business Ontology. Until the Council merges them they are published here, under LawAtlas.ai's namespace, and use FIBO vocabulary. FIBO is a trademark of the EDM Council.

rdf:type: owl:NamedIndividual
rdf:type: fibo-be-ge-ge:GovernmentAgency
rdfs:isDefinedBy: https://lawatlas.ai/ontology/fibo-au/AURegulatoryAgencies/
rdfs:label: Auditing and Assurance Standards Board
skos:definition: auditing and assurance standard setter of Australia
skos:editorialNote: Enabling law checked on 2026-10-28 against the text Advisor holds of the Australian Securities and Investments Commission Act 2001 (C2004A00819), compilation C2026C00429: section 227A, "The Auditing and Assurance Standards Board" (Akoma Ntoso eId sec_227a).
skos:editorialNote: Enabling law checked on 2026-10-28 against the text Advisor holds of the Australian Securities and Investments Commission Act 2001 (C2004A00819), compilation C2026C00429: subsection 227B(1), the functions of the AUASB (Akoma Ntoso eId sec_227b__subsec_1).
skos:editorialNote: Headquarters address not stated; not yet verified against a primary source.
skos:editorialNote: No legal entity identifier was found on the GLEIF register (searched by legal name and full text, 28 Oct 2026).
skos:editorialNote: Schedule 1, Part 1 to the Treasury Laws Amendment (Financial Reporting System Reform) Act 2026 (C2026A00061) commences on 1 December 2026 (section 2, item 2 of its commencement table). On that day standard-setting boards are to be established under External Reporting Australia (section 350 of the Australian Securities and Investments Commission Act 2001). This entry describes the law as in force on 28 October 2026 and is to be revised for that change.
fibo-fnd-rel-rel:hasLegalName: Auditing and Assurance Standards Board
cmns-av:adaptedFrom: https://www.auasb.gov.au
cmns-av:adaptedFrom: https://www.legislation.gov.au/Details/C2026C00429
cmns-av:explanatoryNote: Subsection 227B(1) of the Australian Securities and Investments Commission Act 2001: "The functions of the AUASB are: (a) to make auditing standards under section 336 of the Corporations Act for the purposes of the corporations legislation; and (b) to formulate auditing and assurance standards for sustainability and other purposes; and (c) to formulate guidance on auditing and assurance matters; and (d) to participate in and contribute to the development of a single set of auditing standards for world-wide use; and (e) to advance and promote the main objects of this Part."
cmns-col:isPartOf: GovernmentOfAustralia
cmns-org:hasWebsite: https://www.auasb.gov.au
cmns-rga:hasJurisdiction: AustralianJurisdiction

Machine-readable: Turtle · RDF/XML