ASA 550 - Related Parties - October 2009
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Table of Amendments
| Paragraph affected | How affected | By … [paragraph] |
|---|---|---|
| 11Footnote 7 | Amended | ASA 2011-1 [39] |
| Sub-heading above paragraph A23 | Amended | ASA 2011-1 [40] |
| A15 | Amended | ASA 2013-2 [80] |
| A17 | Amended | ASA 2013-2 [81] |
| A22 | Amended | ASA 2013-2 [82] |
| 11Footnote 7 | Amended | ASA 2020-1 [180] |
| 12Footnote 8 | Amended | ASA 2020-1 [181] |
| 18Footnote 9 | Amended | ASA 2020-1 [182] |
| A7Footnote 18 | Amended | ASA 2020-1 [183] |
| A9 | Amended | ASA 2020-1 [184] |
| A12 | Amended | ASA 2020-1 [185] |
| A17Footnote 21 | Amended | ASA 2020-1 [186] |
| A20 | Amended | ASA 2020-1 [187] |
| A28 | Amended | ASA 2020-1 [188] |
| A34 | Amended | ASA 2020-1 [189] |
| 23Footnote 11 | Amended | ASA 2021-5 [23] |
| A13Footnote 19 | Amended | ASA 2022-1 [34] |
| A38 | Amended | ASA 2022-1 [35] |
AUTHORITY STATEMENT
Auditing Standard ASA 550 Related Parties (as amended to 27 April 2022) is set out in paragraphs Aus 0.1 to A50.
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 550 Related Parties issued by the International Auditing and Assurance Standards Board (IAASB), an independent standard‑setting board of the International Federation of Accountants (IFAC).