Amendments to ASA 580Amendments to ASA 580

Amendments to ASA 580

1. Existing Appendix 1 is amended to read as follows:

List of Australian Auditing Standards Containing Requirements for Written Representations

ASA 240 The Auditor’s Responsibilities Relating to Fraud in an Audit of the Financial Report – paragraph 4063

…

1. Existing Appendix 2 is amended to read as follows:

Illustrative Representation Letter

…

Information Provided

• We have provided you with:
• …
• We have disclosed to you all information in relation to any fraud or suspected fraud that we are aware of and that affects the entity and involves:
  • Management;
  • …
  • Others where the fraud could have a materialan effect on the financial report. (ASA 240)
• We have disclosed to you all information in relation to allegations of fraud, or suspected fraud, including allegations of fraud, affecting the entity’s financial report communicated by employees, former employees, analysts, regulators or others. (ASA 240)
• …