Republic of the Philippines

COMMISSION ON AUDIT
Commonwealth Avenue, Quezon City, Philippines

No.
ZOlLl-011
Date : _JlJJ_\{ B t 2B1L

RESOLUTION

SUBJECT : Adoption of Additional Philippine Public Sector Standards on Auditing

(PPSSAs)
WHEREAS, pursuant to Section 2 (2) of Article IX-D of the 1987 Philippine
Constitution, and by virtue of the powers vested in it by existing laws, the Commission on
Audit promulgated COA Resolution No. 2013-007 dated January 29, 2013, adopting the
standards, recommended by the Public Sector Auditing Standards Board (PSSB-Auditing),
to he known as the Philippine Public Sector Standards on Auditing (PPSSAs);
WHEREAS, the PSSB-Auditing recommended the adoption of standards, in addition
to those already adopted under COA Resolution No. 2013-007;
NOW, THEREFORE, the Commission Proper resolves, as it does hereby resolve, to
adopt the additional standards annexed to this Resolution and made an integral pmi hereof.

HAY U7

This Resolution shall take effect on

Done this 7th

day of

May

20\~

2014 at Quezon City, Philippines.

~LIDO
g~r~e:son

MARIA G-

~ENDOZA
Commissioner

TAN

Annex A

HANDBOOK ON PPSSA
BOOK II- Volume 3C & Book II- Volume 3D Part 2

BOOK II- Volume 3C

(PPSSA) 1500 - Audit Evidence
2

(PPSSA) 1501 - Audit Evidence- Specific Considerations for Selected Items

(PPSSA) 1505- External Confirmations

(PPSSA) 1510- Initial Audit Engagements- Opening Balances

(PPSSA) 1520- Analytical Procedures

(PPSSA) 1530- Audit Sampling

(PPSSA) 1540- Auditing Accounting Estimates, including Fair Value

Accounting Estimates, and Related Disclosures

(PPSSA) !550- Related Parties

(PPSSA) 1560 - Subsequent Events

10

(PPSSA) 1570- Going Concern

II

(PPSSA) 1580- Written Representations

-c

I~

Book II- Volume 3D Part 2

12

PPSSA !600

Special Considerations - Audits of Group Financial Statements

(Including the Work of Component Auditor)

13

PPSSA 1610

Using the Work oflnternal Auditors

14

PPSSA 1620

Using the Work of An Auditor's Experi

15

PPSSA I 710 Comparative Information - Corresponding Figures and Comparative

Financial Statements

16

PPSSA 1720

The Auditor's Responsibilities Relating tcr.- Other Infonmtion

Documents Containing Audited Financial Statements

111