Document ID: chunk:federal_register_of_legislation:F2023C01129:front:0:p2
Version: federal_register_of_legislation:F2023C01129
Segment Type: other
Provision Reference: 
Character Range: 2972–6576

INTERNATIONAL STANDARDS ON AUDITING

Paragraphs

Application......................................................Aus 0.1-Aus 0.2

Operative Date.............................................................Aus 0.3

Introduction

Scope of this Auditing Standard

Effective Date...............................................................3

Objective...................................................................4

Requirements

Involvement of Key Engagement Team Members......................................5

Preliminary Engagement Activities................................................6

Planning Activities.........................................................7-11

Documentation..............................................................12

Additional Considerations in Initial Audit Engagements................................13

Application and Other Explanatory Material........................................A1

The Role and Timing of Planning.............................................A2-A4

Involvement of Key Engagement Team Members....................................A5

Preliminary Engagement Activities............................................A6-A8

Planning Activities.......................................................A9-A18

Documentation.........................................................A19-A23

Additional Considerations in Initial Audit Engagements...............................A24

Appendix 1: Considerations in Establishing the Overall Audit Strategy

COMPILATION DETAILS

Auditing Standard ASA 300 Planning an Audit of a Financial Report (as Amended)

This compilation takes into account amendments made up to and including 27 April 2022 and was prepared on 1 March 2023 by the Auditing and Assurance Standards Board (AUASB).

This compilation is not a separate Auditing Standard made by the AUASB.  Instead, it is a representation of ASA 300 (October 2009) as amended by other Auditing Standards which are listed in the Table below.

Table of Standards
Standard            Date made         Operative Date
ASA 300 [A]         27 October 2009   Financial reporting periods commencing on or after 1 January 2010
ASA 2011‑1 [B]      27 June 2011      Financial reporting periods commencing on or after 1 July 2011
ASA 2013‑2 [C]      11 November 2013  Financial reporting periods commencing on or after 1 January 2014
ASA 2015‑1 [D]      1 December 2015   Financial reporting periods ending on or after 15 December 2016
ASA 2020‑1 [E]      3 March 2020      Financial reporting periods commencing on or after 15 December 2021[*]
ASA 2021-1 [F]       10 March 2021    Financial reporting periods commencing on or after 15 December 2022
ASA 2022-1     [G]  27 April 2022     Financial reporting periods commencing on or after 15 December 2023

Legislation History

Standard    Registration Number  Registration Date  Commencement Date

ASA 300     F2009L04077          11 November 2009   12 November 2009

ASA 2011‑1  F2011L01379          30 June 2011       1 July 2011

ASA 2013-2  F2013L01939          14 November 2013   15 November 2013

ASA 2015-1  F2015L02032          16 December 2015   17 December 2015

ASA 2020-1  F2020L00252          13 March 2020      14 December 2021

ASA 2021-1  F2021L00403          1 April 2021       14 December 2022

ASA 2022-1  F2022L00712          19 May 2022        14 December 2023

Table of Amendments
Paragraph affected               How affected  By … [paragraph]
Appendix 1 Last sub‑heading      Amended       ASA 2011‑1 [27]
Appendix 1                       Amended       ASA 2013‑2 [55] [56] [57]