ObjectiveObjective

Objective

1. The objective of this Auditing Standard is to make amendments to the following Auditing Standards:
   1. ASA 200 Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with Australian Auditing Standards (Issued 27 October 2009 and amended to 5 November 2021)
   2. ASA 220 Quality Management for an Audit of a Financial Report and Other Historical Financial Information (Issued 10 March 2021 and amended to 27 April 2022)
   3. ASA 230 Audit Documentation (Issued 27 October 2009 and amended to 27 April 2022)
   4. ASA 250 Considerations of Laws and Regulations in an Audit of a Financial Report (Issued 30 May 2017 and amended to 27 April 2022)
   5. ASA 260 Communication With Those Charged With Governance (Issued 1 December 2015 and amended to 28 January 2025)
   6. ASA 265 Communicating Deficiencies in Internal Control to Those Charged with Governance and Management (Issued 27 October 2009 and amended to 3 March 2020)
   7. ASA 300 Planning an Audit of a Financial Report (Issued 27 October 2009 and amended to 10 March 2021)
   8. ASA 315 Identifying and Assessing the Risks of Material Misstatement (Issued 1 February 2020 and amended to 27 April 2022)
   9. ASA 330 The Auditor's Responses to Assessed Risks (Issued 27 October 2009 and amended to 5 November 2021)
   10. ASA 450 Evaluation of Misstatements Identified during the Audit (Issued 27 October 2009 and amended to 30 May 2017)
   11. ASA 500 Audit Evidence (Issued 27 October 2009 and amended to 10 March 2021)
   12. ASA 505 External Confirmations (Issued 27 October 2009 and amended to 3 March 2020)
   13. ASA 530 Audit Sampling (Issued 27 October 2009 and amended to 3 March 2020)
   14. ASA 540 Auditing Accounting Estimates and Related Disclosures (Issued 5 December 2018 and amended to 5 November 2021)
   15. ASA 550 Related Parties (Issued 27 October 2009 and amended to 27 April 2022)
   16. ASA 570 Going Concern (Issued 14 May 2025)
   17. ASA 580 Written Representations (Issued 27 October 2009 and amended to 15 March 2023)
   18. ASA 600 Special Considerations—Audits of a Group Financial Report (Including the Work of Component Auditors) (Issued 13 May 2022 and amended to 16 December 2024)
   19. ASA 610 Using the Work of Internal Auditors (Issued 11 November 2013 and amended to 27 April 2022)
   20. ASA 700 Forming an Opinion and Reporting on a Financial Report (Issued 1 December 2015 and amended to 28 January 2025)
   21. ASA 701 Communicating Key Audit Matters in the Independent Auditor’s Report (Issued 1 December 2015 and amended to 27 April 2022)