IAAS ! Interim Terms of "eference (August 200#) Philippine $rame%or& for Assurance 'ngagements Preface to International Standards and Philippine Standards PSA (20 ) $rame%or& of Philippine Standards on Auditing PSA 200 ("e*ised and "edrafted) ) +*erall +b,ecti*es of the Independent Auditor and the -onduct of an Audit in Accordance %ith International Standards on Auditing PSA 2(0 ("edrafted) ! Agreeing the Terms of Audit 'ngagements PSA 220 ("edrafted) ! .uality -ontrol for Audits of /istorical $inancial Statements PSA 200 ("edrafted) ! Audit Documentation PSA 2#0 ("edrafted) ! The Auditor1s "esponsibility to -onsider $raud in an Audit of $inancial Statements PSA 220 ("edrafted) ! -onsideration of 3a%s and "egulations in an Audit of $inancial Statements PSA 240 ("e*ised and "edrafted) ! -ommunication %ith Those -harged %ith Go*ernance PSA 242 (5e%) ) -ommunicating De6ciencies in Internal -ontrol to Those -harged %ith Go*ernance and 7anagement PSA 000 ("edrafted) ! Planning an Audit of $inancial Statements PSA 0(2 ("edrafted) ! Identifying and Assessing the "is&s of 7aterial 7isstatement through 8nderstanding the 'ntity and Its 'n*ironment PSA 020 ("e*ised and "edrafted) ! 7ateriality in Planning and Performing an Audit PSA 000 ("edrafted) ! The Auditor9s "esponses to Assessed "is&s PSA #02 ("e*ised and "edrafted) ! Audit -onsiderations "elating to 'ntities 8sing Ser*ice +rgani:ations PSA 200 ("edrafted) ! Audit '*idence PSA 20( ("edrafted) ! Audit '*idence ! Additional -onsiderations on Speci6c Items PSA 202 ("e*ised and "edrafted) ! ';ternal -on6rmations PSA 2(0 ("edrafted) ! Initial Audit 'ngagements)+pening alances PSA 220 ("edrafted) ! Analytical Procedures PSA 200 ("edrafted) ! Audit Sampling PSA 2#0 ("e*ised and "edrafted) ! Auditing Accounting 'stimates< Including $air =alue Accounting 'stimates< and "elated Disclosures PSA 220 ("e*ised and "edrafted) ! "elated Parties PSA 240 ("edrafted) ! Subse>uent '*ents PSA 2?0 ("edrafted) ! Going -oncern PSA 2@0 ("e*ised and "edrafted)! Aritten "epresentations PSA 400 ("e*ised and "edrafted) ! Special -onsiderations)Audits of Group $inancial Statements (Including the Aor& of -omponent Auditors) PSA 4(0 ("edrafted) ! 8sing the Aor& of Internal Auditors PSA 420 ("e*ised and "edrafted) ! 8sing the Aor& of an ';pert PSA ?00 ("edrafted) ! The Independent Auditor1s "eport on a -omplete Set of General Purpose $inancial Statements PSA ?02 ("e*ised and "edrafted) ) 7odi6cations to the +pinion in the Independent Auditor9s "eport PSA ?04 ("e*ised and "edrafted) ) 'mphasis of 7atter Paragraphs and +ther 7atter Paragraphs in the Independent Auditor9s "eport PSA ?(0 ("edrafted)! -omparati*e Information)-orresponding $igures and -omparati*e $inancial Statements PSA ?20 ("edrafted) ! The Auditor9s "esponsibilities "elating to +ther Information in Documents -ontaining Audited $inancial Statements PSA @00 ("e*ised and "edrafted) ! Special -onsiderations)Audits of $inancial Statements Prepared in Accordance %ith Special Purpose $rame%or&s PSA @02 ("e*ised and "edrafted) ) Special -onsiderations)Audits of Single $inancial Statements and Speci6c 'lements< Accounts or Items of a $inancial Statement PSA @(0 ("e*ised and "edrafted) ) 'ngagements to "eport on Summary $inancial Statements