Document ID: chunk:federal_register_of_legislation:F2021C01250:front:0:p2
Version: federal_register_of_legislation:F2021C01250
Segment Type: other
Provision Reference: 
Character Range: 3198–6187

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

Definitions.................................................................4

Requirements

Overall Responses............................................................5

Audit Procedures Responsive to the Assessed Risks of Material Misstatement at the Assertion Level6-23

Adequacy of Presentation Disclosure of the Financial Report............................24

Evaluating the Sufficiency and Appropriateness of Audit Evidence......................25-27

Documentation...........................................................28-30

Application and Other Explanatory Material

Overall Responses........................................................A1-A3

Audit Procedures Responsive to the Assessed Risks of Material Misstatement at the Assertion LevelA4-A60

Adequacy of Presentation of the Financial Report...................................A61

Evaluating the Sufficiency and Appropriateness of Audit Evidence...................A62-A64

Documentation............................................................A65

COMPILATION DETAILS

Auditing Standard ASA 330 The Auditor's Responses to Assessed Risks (as Amended)

This compilation takes into account amendments made up to and including 5 November 2021 and was prepared on 10 November 2021 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 330 (October 2009) as amended by other Auditing Standards which are listed in the Table below.

Table of Standards
Standard        Date made        Operative Date
ASA 330 [A]     27 October 2009  Financial reporting periods commencing on or after 1 January 2010
ASA 2015-1 [B]  1 December 2015  Financial reporting periods ending on or after 15 December 2016
ASA 2020-1 [C]  3 March 2020     Financial reporting periods commencing on or after 15 December 2021[*]
ASA 2021-5 [D]  5 November 2021  Financial reporting periods commencing on or after 15 December 2021

    [A] Federal Register of Legislation – registration number F2009L04081, 12 November 2009

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

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

    [D] Federal Register of Legislation – registration number F2021L01525, 8 November 2021

Table of Amendments
Paragraph affected                                            How affected  By … [paragraph]