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ISSN 1833‑4393
CONTENTS
COMPILATION DETAILS
AUTHORITY STATEMENT
CONFORMITY WITH INTERNATIONAL STANDARDS ON AUDITING
Management from whom Written Representations are Requested..........................9
Written Representations about Management’s Responsibilities..................10‑12
Other Written Representations...................................................13
Date of and Period(s) Covered by Written Representations..............................14
Form of Written Representations.................................................15
Doubt as to the Reliability of Written Representations and Requested Written Representations Not Provided 16‑20
Application and Other Explanatory Material
Written Representations as Audit Evidence.........................................A1
Management from whom Written Representations are Requested...............A2‑A6
Written Representations about Management’s Responsibilities.................A7‑A9
Other Written Representations.......................................A10‑A13
Communicating a Threshold Amount............................................A14
Date of and Period(s) Covered by Written Representations..................A15‑A18
Form of Written Representations.....................................A19‑A21
Communication with Those Charged with Governance................................A22
Doubt as to the Reliability of Written Representations and Requested Written Representations Not Provided A23‑A27
Appendix 1: List of Australian Auditing Standards Containing Requirements for Written Representations
Appendix 2: Illustrative Representation Letter
COMPILATION DETAILS
Auditing Standard ASA 580 Written Representations (as Amended)
This compilation takes into account amendments made up to and including 15 March 2023 and was prepared on 22 March 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 580 (October 2009) as amended by other Auditing Standards which are listed in the Table below.
Table of Standards
Standard
Date made
Operative Date
ASA 580 [A]
27 October 2009
Financial reporting periods commencing on or after 1 January 2010
ASA 2011‑1 [B]
27 June 2011
Financial reporting periods commencing on or after 1 July 2011
ASA 2013‑3 [C]
1 July 2013
Financial reporting periods commencing on or after 1 July 2013
ASA 2015‑1 [D]
1 December 2015
Financial reporting periods ending on or after 15 December 2016
ASA 2018-1 [E]
5 December 2018
Financial reporting periods commencing on or after 15 December 2019, with early adoption permitted[*].
ASA 2023-1 [F]
15 March 2023
Financial reporting periods commencing on or after 1 January 2023
[A] Federal Register of Legislation – registration number F2009L04096, 13 November 2009
[B] Federal Register of Legislation – registration number F2011L01379, 30 June 2011
[C] Federal Register of Legislation – registration number F2013L01939, 14 November 2013
[D] Federal Register of Legislation – registration number F2015L02032, 16 December 2015
[E] Federal Register of Legislation – registration number F2019L00016, 3 January 2019
[F] Federal Register of Legislation – registration number F2023L00295, 21 March 2023
Table of Amendments
Paragraph affected
How affected
By … [paragraph]
Appendix 2
Amended
ASA 2011‑1 [50]
Appendix 2Footnote 10
Addition
ASA 2011‑1 [51]
Appendix 2
Amended
ASA 2011‑1 [52]
Appendix 2
Amended
ASA 2011‑1 [53]
Appendix 2
Addition
ASA 2011‑1 [54]
Appendix 2
Addition
ASA 2011‑1 [55]
Appendix 1
Amended
ASA 2011‑1 [55]
Appendix 1
Amended
ASA 2013‑3 [14]
A1 directly below heading “Management from whom Written Representations are Requested”
Renumbered
ASA 2015‑1 [168]
Aus A20.1
Deleted
ASA 2015‑1 [169]
10
Amended
ASA 2015-1 [169]
Appendix 1
Amended
ASA 2015‑1 [170-171]
Appendix 2
Amended
ASA 2015‑1 [167, 172]
Appendix 1
Amended
ASA 2018-1 [54]
Appendix 2
Amended
ASA 2018-1 [55]
Appendix 1
Amended
ASA 2023-1 [24]
AUTHORITY STATEMENT
Auditing Standard ASA 580 Written Representations (as amended to 15 March 2023) is set out in paragraphs Aus 0.1 to A27 and Appendices 1 and 2.
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 580 Written Representations 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”.
Compliance with this Auditing Standard enables compliance with ISA 580.