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This Auditing Standard reproduces substantial parts of the corresponding International Standard on Auditing issued by the International Auditing and Assurance Standards Board (IAASB) and published by the International Federation of Accountants (IFAC), in the manner described in the statement on Conformity with International Standards on Auditing. The AUASB acknowledges that IFAC is the owner of copyright in the International Standard on Auditing incorporated in this Auditing Standard throughout the world.
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ISSN 1833‑4393
CONTENTS
COMPILATION DETAILS
AUTHORITY STATEMENT
CONFORMITY WITH INTERNATIONAL STANDARDS ON AUDITING
Timely Preparation of Audit Documentation.........................................7
Documentation of the Audit Procedures Performed and Audit Evidence Obtained............8-13
Assembly of the Final Audit File..............................................14-16
Application and Other Explanatory Material
Timely Preparation of Audit Documentation........................................A1
Documentation of the Audit Procedures Performed and Audit Evidence Obtained.........A2-A20
Assembly of the Final Audit File............................................A21-A24
Appendix 1: Specific Audit Documentation Requirements in Other Australian Auditing Standards
COMPILATION DETAILS
Auditing Standard ASA 230 Audit Documentation (as Amended)
This compilation takes into account amendments made up to and including 27 April 2022 and was prepared on 24 February 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 230 (October 2009) as amended by other Auditing Standards which are listed in the Table below.
Table of Standards
Standard
Date made
Operative Date
ASA 230 [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 2020-1 [E]
3 March 2020
Financial reporting periods commencing on or after 15 December 2021[#]
ASA 2021-1 [F]
10 March 2020
Financial reporting periods commencing on or after 15 December 2022.
ASA 2022-1 [G]
27 April 2022
Financial reporting periods commencing on or after 15 December 2023.
Legislation History
Standard
Registration Number
Registration Date
Commencement Date
ASA 230
F2009L04074
9 November 2009
10 November 2009
ASA 2013‑2
F2013L01939
14 November 2013
15 November 2013
ASA 2015-1
F2015L02032
16 December 2015
17 December 2015
ASA 2018-1
F2019L00016
3 January 2019
4 January 2019
ASA 2020-1
F2020L00252
13 March 2020
14 December 2021
ASA 2021-1
F2021L00403
1 April 2021
14 December 2021
ASA 2022-1
F2022L00712
19 May 2022
14 December 2023
Table of Amendments
Paragraph affected
How affected
By … [paragraph]
3Footnote 3
Amended
ASA 2013-2 [37]
A19(a)Footnote 10
Amended
ASA 2013-2 [38]
Conformity Statement
Amended
ASA 2015-1 [39]
Heading under 16(b) “Confidentiality, Safe Custody, Integrity, Accessibility and Retrievability of the Audit Documentation”
Deleted
ASA 2015-1 [42]
Aus 16.1
Deleted
ASA 2015-1 [43]
A10
Amended
ASA 2015-1 [44]
Heading under A24 “Confidentiality, Safe Custody, Integrity, Accessibility and Retrievability of the Audit Documentation”
Deleted
ASA 2015-1 [45]
Aus A24.1
Deleted
ASA 2015-1 [46]
Appendix
Amended
ASA 2015-1 [40, 47]
A7
Amended
ASA 2018-1 [11]
A10
Amended
ASA 2018-1 [12]
Appendix 1
Amended
ASA 2018-1 [13]
A7Footnote 5
Amended
ASA 2020-1 [31]
A8Footnote 6
Amended
ASA 2020-1 [32]
A17
Amended
ASA 2020-1 [33]
Appendix 1
Amended
ASA 2020-1 [34]
3
Amended
ASA 2021-1 [33]
3Footnote 2
Amended
ASA 2021-1 [34]
A7
Amended
ASA 2021-1 [35]
A13
Amended
ASA 2021-1 [36]
A13Footnote 8
Amended
ASA 2021-1 [37]
A20
Amended
ASA 2021-1 [38]
A20Footnote 13
Amended
ASA 2021-1 [39]
A21
Amended
ASA 2021-1 [40]
A21Footnote 14 and 15
Amended
ASA 2021-1 [41]
A23
Amended
ASA 2021-1 [42]
A23Footnote 16 and 17
Amended
ASA 2021-1 [43]
A24
Amended
ASA 2021-1 [44]
A24Footnote *
Deleted
ASA 2021-1 [45]
Appendix 1
Amended
ASA 2021-1 [46]
Appendix 1
Amended
ASA 2022-1 [20]
AUTHORITY STATEMENT
Auditing Standard ASA 230 Audit Documentation (as amended to 27 April 2022) is set out in paragraphs Aus 0.1 to A24 and Appendix 1.
This Auditing Standard is to be read in conjunction with ASA 101 Preamble to AUASB Standards, which sets out how AUASB Standards are to be understood, interpreted and applied. This Auditing Standard is to be read also in conjunction with ASA 200 Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with Australian Auditing Standards.
Conformity with International Standards on Auditing
This Auditing Standard conforms with International Standard on Auditing ISA 230 Audit Documentation issued by the International Auditing and Assurance Standards Board (IAASB), an independent standard‑setting board of the International Federation of Accountants (IFAC).
Paragraphs that have been added to this Auditing Standard (and do not appear in the text of the equivalent ISA) are identified with the prefix “Aus”.
The following requirement is additional to ISA 230:
Paragraph Aus 12.1 - Where, in rare and exceptional circumstances, factors outside the auditor’s control prevent the auditor from complying with an essential procedure contained within a relevant requirement, the auditor shall document:
The circumstances surrounding the inability to comply;
The reasons for the inability to comply; and
Justification of how alternative audit procedures achieve the objectives of the requirement.
(Ref: Para. Aus 12.1)
This Auditing Standard incorporates terminology and definitions used in Australia.
The equivalent requirements and related application and other explanatory material included in ISA 230 in respect of “relevant ethical requirements”, have been included in Auditing Standard, ASA 102 Compliance with Ethical Requirements when Performing Audits, Reviews and Other Assurance Engagements. There is no international equivalent to ASA 102.
Compliance with this Auditing Standard enables compliance with ISA 230.