Amendments to ASA 600

Amendments to ASA 600

Amendments to ASA 600 Appendix 1: Illustration 1 and [Aus] Illustration 1A

1. Illustration 1: An auditor’s report containing a qualified opinion due to the auditor’s inability to obtain sufficient appropriate audit evidence, is amended to read as follows:

INDEPENDENT AUDITOR’S REPORT

…

Qualified Opinion

We have audited the financial report of ABC Entity and its subsidiaries (the Group), which comprises the consolidated statement of financial position as at 30 June 20X1, the consolidated statement of comprehensive income, the consolidated statement of changes in equity and the consolidated statement of cash flows for the year then ended, and notes to the financial statements, including material accounting policy information a summary of significant accounting policies, and the declaration by those charged with governance.

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1. [Aus] Illustration 1A: An auditor’s report containing a qualified opinion due to the auditor’s inability to obtain sufficient appropriate audit evidence (under the Corporations Act 2001), is amended to read as follows:

INDEPENDENT AUDITOR’S REPORT

…

Qualified Opinion

We have audited the financial report of ABC Company Ltd. (the Company) and its subsidiaries (the Group), which comprises the consolidated statement of financial position as at 30 June 20X1, the consolidated statement of comprehensive income, the consolidated statement of changes in equity and the consolidated statement of cash flows for the year then ended, and notes to the financial statements including material accounting policy information a summary of significant accounting policies, and the directors’ declaration.

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