Document ID: chunk:federal_register_of_legislation:F2023C00337:front:0:p2
Version: federal_register_of_legislation:F2023C00337
Segment Type: other
Provision Reference: 
Character Range: 3163–7393

IFAC.

ISSN 1833‑4393

CONTENTS

COMPILATION DETAILS

AUTHORITY STATEMENT

CONFORMITY WITH INTERNATIONAL STANDARDS ON AUDITING

Paragraphs

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

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

Introduction

Scope of this Auditing Standard..................................................1

Effective Date...............................................................2

Objective...................................................................3

Definition.................................................................4-5

Requirements...............................................................6

Limitation on Scope Prior to Audit Engagement Acceptance............................7-8

Agreement on Audit Engagement Terms..........................................9-12

Recurring Audits............................................................13

Acceptance of a Change in the Terms of the Audit Engagement........................14-17

Additional Considerations in Engagement Acceptance...............................18-21

Application and Other Explanatory Material

Scope of this Auditing Standard.................................................A1

Preconditions for an Audit..................................................A2-Aus A21.1

Agreement on Audit Engagement Terms......................................A22-A29

Recurring Audits...........................................................A30

Acceptance of a Change in the Terms of the Audit Engagement......................A31-A35

Additional Considerations in Engagement Acceptance............................A36-A39

Appendix 1: Example of an Audit Engagement Letter

Appendix 2: Determining the Acceptability of General Purpose Frameworks

COMPILATION DETAILS

Auditing Standard ASA 210 Agreeing the Terms of Audit Engagements
 (as Amended)

This compilation takes into account amendments made up to and including 15 March 2023 and was prepared on 22 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 210 (October 2009) as amended by other Auditing Standards which are listed in the Table below.

Table of Standards
Standard        Date made        Operative Date
ASA 210 [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 2015‑1 [C]  1 December 2015  Financial reporting periods ending on or after 15 December 2016
ASA 2017‑1 [D]  30 May 2017      Financial reporting periods ending on or after 15 December 2016
ASA 2017‑2 [E]  30 May 2017      Financial reporting periods commencing on or after 1 January 2018
ASA 2020‑1 [F]  3 March 2020     Financial reporting periods commencing on or after 15 December 2021[*]
ASA 2021‑1 [G]  10 March 2021    Financial reporting periods commencing on or after 15 December 2022
ASA 2023‑1 [H]  15 March 2023    Financial reporting periods commencing on or after 1 January 2023

    [A] Federal Register of Legislation – registration number F2009L04078, 9 November 2011

    [B] Federal Register of Legislation – registration number F2011L01379, 30 June 2011

    [C] Federal Register of Legislation – registration number F2015L02032, 16 December 2015

    [D] Federal Register of Legislation – registration number F2017L00693, 19 June 2017

    [E] Federal Register of Legislation – registration number F2017L01179, 13 September 2017

    [F] Federal Register of Legislation – registration number F2020L00252, 13 March 2020

    [G] Federal Register of Legislation – registration number F2021L00403, 1 April 2021

    [H] Federal Register of Legislation – registration number F2023L00295, 21 March 2023.

Table of Amendments
Paragraph affected                                                How affected  By … [paragraph]
A4                                                                Amended       ASA 2011‑1 [16]
Appendix 2
Para. 4                                                           Amended       ASA 2011‑1