The Arab Society of Certified Accountants (ASCA) (www.ascasociety.org) Jordan, published on August 9, 2006, the Arabic-translated version of International Standards on Auditing and Assurance Engagements and Code of Ethics for Professional Accountants 2005, which included the list of revised definitions, International Standards of Quality Control ISA1, International Standard on Assurance Engagements, International Standard on Related Services, International Standards on Auditing ISA 220 (Revised) “ Quality Control for Auditors of Historical Financial Information”, International Standard on Auditing ISA 240 “ The Auditors Responsibility to Consider Fraud in an Audit in the Financial Statements”, International Standard on Auditing ISA 300 “ Planning an Audit of the Financial Statements”, International Standard on Auditing ISA 700(Revised) “ The Independent Auditors Report on a Complete Set of General Purpose Financial Statements”, and the International Standard on Auditing ISA 701 “Modifications to the Independent Auditor’s Report”
The publication also included the withdrawal of the International Standard on Auditing ISA 120 “ Framework of International Standards on Auditing”, International Standard on Auditing ISA 240 “ The Auditors Responsibility to Consider Fraud and Error in an Audit of Financial Statements”, International Standard on Auditing ISA 310 “ Knowledge of the Business”
ASCA works toward developing the accounting and management sciences and improving the quality of the profession by publishing accountancy materials, and by staying up-to-date with the new accounting and auditing standards.