Standards
Pronouncements | Standards | Practice Statements
The standards issued by the AASC are in the form of the following:
Philippine Standards on Auditing (PSAs) are to be applied, as appropriate, in the audit of historical financial information.
Philippine Standards on Review Engagements (PSREs) are to be applied in the review of historical financial information.
Philippine Standards on Assurance Engagements (PSAEs) are to be applied in assurance engagements dealing with subject matters other than historical information.
Philippine Standards on Related Services (PSRSs) are to be applied to compilation engagements, engagements to apply agreed upon procedures to information and other related services engagements as specified by the AASC.
Philippine Standards on Quality Control (PSQCs) are to be applied for all services falling under the AASC engagement standards.