CONTENTS

COMPILATION DETAILS

AUTHORITY STATEMENT

Paragraphs

Operative Date...............................................................1

Introduction...............................................................2-8

Authority of the Paragraphs in AUASB Standards.....................................9

Mandatory Requirements....................................................10-14

Explanatory Guidance......................................................15-17

Other Important Elements of AUASB Standards...................................18-32

Type of Entity............................................................33-35

Applying AUASB Standards.................................................36-39

Inability to Comply with Mandatory Requirements....................................40

Auditing Standards Made Under Section 336 of the Corporations Act 2001................41-44

AUASB Drafting Approach..................................................45-48

Conformity with International Standards on Auditing..................................49