Philippine Standard on Quality Control (PSQC)

PSQC 1 Quality Control for Firms That Perform Audits and Reviews of Financial Statements, and
Other Assurance and Related Services Engagements

Philippine Standards on Auditing (PSA)

PSA 120 Framework of Philippine Standards on Auditing
PSA 200 Overall Objectives of the Independent Auditor and the Conduct of an Audit in
Accordance with Philippine Standards on Auditing
PSA 210 Agreeing the Terms of Audit Engagements
PSA 220 Quality Control for an Audit of Financial Statements
PSA 230 Audit Documentation
PSA 240 The Auditors Responsibility Relating to Fraud in an Audit of Financial Statements
PSA 250 Consideration of Laws and Regulations in an Audit of Financial Statements
PSA 260 Communication with Those Charged with Governance
PSA 265 Communicating Deficiencies in Internal Control to Those Charged with Governance and
Management
PSA 300 Planning an Audit of Financial Statements
PSA 315 Identifying and Assessing the Risk of Material Misstatements Through Understanding the
Entity and Its Environment
PSA 320 Materiality in Planning and Performing an Audit
PSA 330 The Auditors Responses to Assessed Risks
PSA 402 Audit Considerations Relating to an Entity Using a Service Organization
PSA 450 Evaluation of Misstatements Identified during the Audit
PSA 500 Audit Evidence
PSA 501 Audit Evidence Specific Considerations for Selected Items
PSA 505 External Confirmation
PSA 510 Initial Audit Engagements Opening Balances
PSA 520 Analytical Procedures
PSA 530 Audit Sampling
PSA 540 Accounting Estimates, Including Fair Value Estimates and Related Disclosures
PSA 550 Related Parties

PSA 560 Subsequent Events

PSA 570 Going Concern
PSA 580 Written Representation
PSA 600 Special Considerations Audit of Group Financial Statements (Including the Work of
Component Auditors)
PSA 610 Using the Work of Internal Auditors
PSA 620 Using the Work of an Auditors Expert
PSA 700 Forming an Opinion and Reporting on Financial Statements
PSA 705 Modification to the Opinion in the Independent Auditors Report
PSA 706 Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent Auditors
Report
PSA 710 Comparative Information Corresponding Figures and Comparative Financial Statements
PSA 720 The Auditors Responsibility in Relation to Other Information in Documents Containing
Audited Financial Statements
PSA 800 Special Considerations Audits of Financial Statements Prepared in Accordance with
Special Purpose Frameworks
PSA 805 Special Considerations Audits of Single Financial Statements and Specific Elements,
Accounts or Items of a Financial Statement
PSA 810 Engagement to Report on Summary Financial Statements

Philippine Auditing Practice Statements (PAPS)

PAPS 1000 Inter-Bank Confirmation Procedures
PAPS 1000PH Audit Evidence Practical Problems in an Audit of Financial Statements
PAPS 1001PH Guidance in Dealing with Tentative Financial Statements
PAPS 1002PH The Auditors Report on General Purpose Financial Statements Prepared in
Accordance with a Philippine Financial Reporting Framework other than PFRS
PAPS 1003PH Guidance in Dealing with Reports Required by the SEC Relating to Increase in Capital
Stock of a Corporation
PAPS 1004 The Relationship Between Bangko Sentral ng Pilipinas (BSP)and Banks External Auditors
PAPS 1005 The Special Consideration in the Audit of Small Entities
PAPS 1006 Audits of the Financial Statements of Banks
PAPS 1010 The Consideration of Environmental Matters in the Audit of Financial Statements

PAPS 1012 Auditing Derivative Financial Instruments [amended by PSA 220 (Revised)]
PAPS 1013 Electronic Commerce Effect on the Audit of Financial Statements
PAPS 1014 Reporting by Auditors on Compliance with International Financial Reporting Standards

Philippine Standards on Review Engagements (PSRE)

PSRE 2400 Engagements to Review Financial Statements (amended in 2008)
PSRE 2410 Review of Interim Financial Information Performed by the Independent Auditor of the
Entity (amended in 2008)

Philippine Standards on Assurance Engagements (PSAE)

PSAE 3000 Assurance Engagements Other Than Audits or Reviews of Historical Financial Information
PSAE 3400 The Examination of Prospective Financial Information

Philippine Standards on Related Services (PSRS)

PSRS 4400 Engagements to Perform Agreed-Upon Procedures Regarding Financial Information
PSRS 4410 Engagements to Compile Financial Information

*Clarified and Effective for periods beginning on or after December 15, 2009