Document ID: chunk:federal_register_of_legislation:F2022C01186:front:0:p2
Version: federal_register_of_legislation:F2022C01186
Segment Type: other
Provision Reference: 
Character Range: 3160–7239

sent to enquiries@auasb.gov.au.  Any decision to approve a request may also require the agreement of 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..................................................2

An Audit of a Financial Report..................................................3-9

Effective Date..............................................................10

Overall Objectives of the Auditor............................................11-12

Definitions.............................................................13-Aus 13.2

Requirements

Ethical Requirements Relating to an Audit of a Financial Report..........................14

Professional Scepticism.......................................................15

Professional Judgement........................................................16

Sufficient Appropriate Audit Evidence and Audit Risk.................................17

Conduct of an Audit in Accordance with Australian Auditing Standards..................18-24

Application and Other Explanatory Material

Definitions.............................................................A1-A3

An Audit of a Financial Report..............................................A4-A16

Ethical Requirements Relating to an Audit of a Financial Report.....................A17-A20

Professional Scepticism..................................................A21-A25

Professional Judgement..................................................A26-A30

Sufficient Appropriate Audit Evidence and Audit Risk............................A31-A57

Conduct of an Audit in Accordance with Australian Auditing Standards................A58-A83

COMPILATION DETAILS

Auditing Standard ASA 200 Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with Australian Auditing Standards (as Amended)

This compilation takes into account amendments made up to and including 5 November 2021 and was prepared on 31 March 2022 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 200 (October 2009) as amended by other Auditing Standards which are listed in the Table below.

Table of Standards
Standard        Date made         Operative Date
ASA 200 [A]     27 October 2009   Financial reporting periods commencing on or after 1 January 2010
ASA 2013‑2 [B]  11 November 2013  Financial reporting periods commencing on or after 1 January 2014
ASA 2015‑1 [C]  1 December 2015   Financial reporting periods ending on or after 15 December 2016
ASA 2018-1 [D]  5 December 2018   Financial reporting periods commencing on or after 15 December 2019, with early adoption permitted[*]
ASA 2020-2 [E]  30 June 2020      Financial reporting periods ending on or after 15 July 2020
ASA 2021-3 [F]  7 September 2021  Financial reporting periods commencing on or after 1 October 2021
ASA 2020-1 [G]  3 March 2020      Financial reporting periods commencing on or after 15 December 2021[#]
ASA 2021-5 [H]  5 November 2021   Financial reporting periods commencing on or after 15 December 2021
ASA 2021-1 [I]  10 March 2021     Financial reporting periods commencing on or after 15 December 2022

    [A] Federal Register of Legislation – registration number F2009L04064, 10 November 2009

    [B] Federal Register of Legislation – registration number F2013L01939, 14 November 2013

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

    [D] Federal Register of Legislation – registration number F2019L00016, 3 January 2019

    [E] Federal Register of Legislation – registration number F2020L00885, 7 July 2020

    [F] Federal Register of Legislation – registration number F2021L01294, 17 September 2021