Update No. 124 - Hong Kong Institute of Certified Public Accountants

HKSA 610 (Revised) Using the Work
of Internal Auditors
Replace cover page, pages 6, 13
and 21 with revised cover page,
pages 6, 13 and 21.
HONG KONG STANDARDS ON REVIEW ENGAGEMENTS
HKSRE 2400 Engagements to Review
Financial Statements
HKSRE 2400 (Revised) Engagements to
Review Historical Financial Statements
Insert the revised page 1 and
discard the replaced page 1.
Insert HKSRE 2400 (Revised)
after HKSRE 2400.
HONG KONG STANDARDS ON ASSURANCE ENGAGEMENTS
HKSAE 3402 Assurance Reports on
Controls at a Service Organization
Replace cover page and page 17
with revised cover page and page
17.
ii
- ditto -
Note 2
Note 2
Note 1
HONG KONG STANDARDS ON INVESTMENT CIRCULAR REPORTING ENGAGEMENTS
HKSIR 400 Comfort Letters and Due
Diligence Meetings
HONG KONG AUDITING PRACTICE GUIDANCE
HKAPG 1000 Special Considerations in
Auditing Financial Instruments
Notes:
Replace cover page, pages
2,12,14,16-18, 24-26,
32-34,40-47 and 49-67 with
revised cover page, pages
2,12,14,16-18, 24-26,
32-34,40-47 and 49-69.
Replace cover page, pages 47-48
and 52 with revised cover page,
pages 47-48 and 52.
Note 3
Note 1
1. In June 2012, the International Auditing and Assurance Standards Board (IAASB) published
the 2012 edition of Handbook of International Quality Control, Auditing, Review, Other
Assurance, and Related Services Pronouncements (2012 Handbook) and made editorial
and formatting changes in finalizing the 2012 Handbook. As part of the convergence with
the International Quality Control, Auditing, Review, Other Assurance, and Related Services
Pronouncements, the changes have been made to the Hong Kong Quality Control, Auditing,
Review, Other Assurance, and Related Services Pronouncements. To assist users, a
Consolidated Table of Changes outlines these editorial and formatting changes which is
posted at:
http://www.hkicpa.org.hk/file/media/section6_standards/technical_resources/pdf-file/handbo
ok/changes_update124.pdf
2. HKSRE 2400 (Revised) conforms with ISRE 2400 (Revised) issued by the IAASB in
September 2012. HKSRE 2400 (Revised) aims to enhance the quality and consistency of
engagements to review historical financial statements, through revised requirements and
guidance addressing the responsibilities, work effort and reporting considerations of
practitioners undertaking such engagements. HKSRE 2400 (Revised) is effective for
reviews of financial statements for periods ending on or after 31 December 2013.