ASA 600 - Special Considerations – Audits of a Group Financial Report (Including the Work of Component Auditors) - October 2009
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CONTENTS
COMPILATION DETAILS
AUTHORITY STATEMENT
CONFORMITY WITH INTERNATIONAL STANDARDS ON AUDITING
Paragraphs
Application......................................................Aus 0.1-Aus 0.2
Operative Date.........................................................Aus 0.3
Introduction
Scope of this Auditing Standard.................................................1-6
Effective Date...............................................................7
Objectives..................................................................8
Definitions...............................................................9-10
Requirements
Responsibility..............................................................11
Acceptance and Continuance.................................................12-14
Overall Audit Strategy and Audit Plan..........................................15-16
Understanding the Group, Its Components and Their Environments.....................17-18
Understanding the Component Auditors.........................................19-20
Materiality..............................................................21-23
Responding to Assessed Risks................................................24-31
Consolidation Process......................................................32-37
Subsequent Events.........................................................38-39
Communication with the Component Auditor.....................................40-41
Evaluating the Sufficiency and Appropriateness of Audit Evidence Obtained...............42-45
Communication with Group Management and Those Charged with Governance of the Group...46-49
Documentation..............................................................50
Application and Other Explanatory Material
Components Subject to Audit by Statute, Regulation or Other Reason......................A1
Definitions.............................................................A2-A7
Responsibility...........................................................A8-A9
Acceptance and Continuance...............................................A10-A21
Overall Audit Strategy and Audit Plan............................................A22
Understanding the Group, Its Components and Their Environments...................A23-A31
Understanding the Component Auditors.......................................A32-A41