Auditing Standard ASA 2023-1 Amendments to Australian Auditing Standards
Amendments to ASA 706Amendments to ASA 706
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Amendments to ASA 706
- Existing Appendix 3 is amended to read as follows:
ILLUSTRATION OF AN AUDITOR’S REPORT THAT INCLUDES A KEY AUDIT MATTERS SECTION, AN EMPHASIS OF MATTER PARAGRAPH, AND AN OTHER MATTER PARAGRAPH
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Opinion
We have audited the financial report of ABC Company Ltd. (the Company), which comprises the statement of financial position as at 30 June 20X1, the statement of comprehensive income, statement of changes in equity and 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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- Existing Appendix 4 is amended to read as follows:
ILLUSTRATION OF AN AUDITOR’S REPORT CONTAINING A QUALIFIED OPINION DUE TO A DEPARTURE FROM THE APPLICABLE FINANCIAL REPORTING FRAMEWORK AND THAT INCLUDES AN EMPHASIS OF MATTER PARAGRAPH
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Qualified Opinion
We have audited the financial report of ABC Entity (the Entity), which comprises the statement of financial position as at 30 June 20X1, the statement of comprehensive income, statement of changes in equity and statement of cash flows for the year then ended, and notes to the financial report, including material accounting policy information a summary of significant accounting policies, and the declaration by those charged with governance.#
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