Section Table of Amendments - Auditing Standard ASA 220 Quality Management for an Audit of a Financial Report and Other Historical Financial Information - Table of Amendments

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Table of Amendments

Paragraph affected	How affected	By … [paragraph]
A22	Addition	ASA 2022-1 [12]
A24	Amended	ASA 2022-1 [13]
A25	Amended	ASA 2022-1 [14]
A53	Amended	ASA 2022-1 [15]
A54	Amended	ASA 2022-1 [16]
A60	Amended	ASA 2022-1 [17]
A76	Deletion	ASA 2022-1 [18]
A92	Amended	ASA 2022-1 [19]

AUTHORITY STATEMENT

Auditing Standard ASA 220 Quality Management for an Audit of a Financial Report and Other Historical Financial Information (as amended to 27 April 2022) is set out in paragraphs Aus 0.1 to A120.

This Auditing Standard is to be read in conjunction with ASA 101 Preamble to AUASB Standards, which sets out how AUASB Standards are to be understood, interpreted and applied. This Auditing Standard is to be read also in conjunction with ASA 200 Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with Australian Auditing Standards.

Conformity with International Standards on Auditing

This Auditing Standard conforms with International Standard on Auditing ISA 220 Quality Management for an Audit of Financial Statements issued by the International Auditing and Assurance Standards Board (IAASB), an independent standard‑setting board of the International Federation of Accountants (IFAC).

Paragraphs that have been added, or amended in this Auditing Standard (and do not appear in the text of the equivalent ISA or appear differently from the equivalent ISA) are identified with the prefix “Aus”.

The following introductory paragraphs and definitions are additional to, or have been amended from, ISA 220:

Paragraph	Summary of Change
Aus 1.1	Paragraph Aus 1.1 is an additional Australian insertion. The paragraph has been included to remind the auditor that it is their responsibility to ensure compliance with all relevant legal, regulatory or professional obligations such as the Corporations Act 2001.

Paragraph	Summary of Change
Aus A21.1	Paragraph Aus A21.1 replaces paragraph A21 which has been deleted by the AUASB. The ISA paragraph contained a reference to direct assistance from internal auditors which is prohibited by AUASB Standards. With the exception of the removal of references to direct assistance, the paragraph is consistent with the ISA equivalent.
Aus A31.1	Paragraph Aus A31.1 replaces sub-paragraph A31(b) which has been deleted by the AUASB. The ISA paragraph contained a reference to direct assistance from internal auditors which is prohibited by AUASB Standards.
Aus A62.1	Paragraph Aus A62.1 replaces paragraph A62 which has been deleted by the AUASB. The ISA paragraph contained a reference to direct assistance from internal auditors which is prohibited by AUASB Standards.