Auditing Standard ASA 2025-2 Amendments to Australian Auditing Standards
prefacepreface
Start here
Get a plain-English read of preface
Turn the raw legal text into a practical explanation grounded in Auditing Standard ASA 2025-2 Amendments to Australian Auditing Standards.
Obtaining a Copy of this Auditing Standard
This Auditing Standard is available on the Auditing and Assurance Standards Board (AUASB) website: www.auasb.gov.au
Contact Details
| Auditing and Assurance Standards BoardPhone: (03) 8080 7400E-mail: enquiries@auasb.gov.auPostal Address:PO Box 204, Collins Street WestMelbourne Victoria 8007AUSTRALIA |
|---|
COPYRIGHT
© 2025 Commonwealth of Australia. The text, graphics and layout of this Auditing Standard are protected by Australian copyright law and the comparable law of other countries. Reproduction within Australia in unaltered form (retaining this notice) is permitted for personal and non‑commercial use subject to the inclusion of an acknowledgment of the source as being the Australian Auditing and Assurance Standards Board (AUASB).
Requests and enquiries concerning reproduction and rights for commercial purposes should be addressed to the Director - National, Auditing and Assurance Standards Board, PO Box 204, Collins Street West, Melbourne, Victoria 8007 or sent to enquiries@auasb.gov.au. Otherwise, no part of this Auditing 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
Paragraphs
Application.................................................................1
Operative Date..............................................................2
Introduction
Scope of this Standard.........................................................3
Objective..................................................................4
Definition..................................................................5
Amendments to Standards....................................................6-7
Amendments to ASQM 1.....................................................8-20
Amendments to ASQM 2....................................................21-31
Amendments to ASA 720....................................................32-33
preface
Reasons for Issuing ASA 2025-2
The Auditing and Assurance Standards Board (AUASB) issues Auditing Standard ASA 2025-2 Amendments to Australian Auditing Standards pursuant to the requirements of the legislative provisions and the Strategic Direction explained below.