CTHRepealedLegislation
ASA 100 - Preamble to AUASB Standards - April 2006
Explanatory GuidanceExplanatory Guidance
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Explanatory Guidance
- Explanatory guidance:
- is to be used to improve knowledge and understanding of the scope and application of the basic principles and essential procedures (the mandatory requirements); and
- may include practical examples to assist in understanding the application of mandatory requirements.
- Explanatory Guidance consists of suggested (or typical) audit procedures, practical examples and other explanatory details and procedures that are included for the purposes of understanding and fulfilling mandatory requirements. Explanatory guidance does not include all possible audit procedures that may be used in the application of mandatory requirements. The auditor may consider it necessary to perform alternative procedures to those contained within the explanatory guidance.
- Explanatory Guidance does not create or extend mandatory requirements or the auditor’s obligations under AUASB Standards.