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JICPA issues four Auditing Standards Committee Statements: Auditing Standards Committee Statements No. 37 "Planning an Audit of Financial Statements (Interim report)"; No. 38 "Identifying and Assessing the Risks of Material Misstatement Through Understand

The Auditing Standards Committee announced, on October 31, 2008, four risk assessment standards: Auditing Standards Committee Statements No. 37 "Planning an Audit of Financial Statements (Interim report)"; No. 38 "Identifying and Assessing the Risks of Material Misstatement Through Understanding the Entity and Its Environment (Interim report)"; No. 39 "The Auditor's Responses to Assessed Risks (Interim report)"; and No. 40 "The Auditor's Responsibilities Relating to Fraud in an Audit of Financial Statements (Interim report)", re-drafted as part of JICPA responses to the Clarity Project of the International Auditing and Assurance Standards Board (IAASB).
Effective dates of these standards will be considered in the future by taking into account the progress on re-drafting other Auditing Standards Committee Statements, and adoption of International Standards on Auditing (ISAs) in other jurisdictions.
These documents are available in Japanese only.