AUASB 2025-7 Amendments to AUASB Standards
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| Auditing and Assurance Standards BoardPhone: (03) 8080 7400E-mail: enquiries@auasb.gov.auPostal Address:PO Box 204, Collins Street WestMelbourne Victoria 8007AUSTRALIA |
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Requests and enquiries concerning reproduction and rights for commercial purposes should be addressed to the Auditing and Assurance Standards Board (AUASB), PO Box 204, Collins Street West, Melbourne, Victoria 8007 or sent to enquiries@auasb.gov.au. Otherwise, no part of this Standard may be reproduced, stored or transmitted in any form or by any means without the prior written permission of the AUASB except as permitted by law.
ISSN 1030-603X
CONTENTS
PREFACE
AUTHORITY STATEMENT
CONFORMITY WITH INTERNATIONAL STANDARDS ON AUDITING
Paragraphs
Application...............................................................1-2
Operative Date..............................................................3
Introduction................................................................4
Objective..................................................................5
Amendments to AUASB Standards..............................................6
Amendments to ASSA 5000...................................................7-14
Amendments to ASA 102......................................................15
preface
Reasons for Issuing AUASB 2025-7
The AUASB issues AUASB 2025-7 Amendments to AUASB Standards pursuant to the requirements of the legislative provisions and the Strategic Direction explained below.
The AUASB is a non-corporate Commonwealth entity of the Australian Government established under section 227A of the Australian Securities and Investments Commission Act 2001. Under section 336 of the Corporations Act 2001, the AUASB may make Auditing Standards for the purposes of the corporations legislation. These Auditing Standards are legislative instruments under the Legislation Act 2003.