This page is intended to provide easy to understand summaries of Australian Auditing Standards termed as (ASA ~ Australian Standard of auditing). All standards issued by AUASB are property of AUASB. This page is solely intended for education purposes. ” Kindly refer our terms and conditions for further details).
The Auditing and Assurance Standards Board (AUASB) is an independent, statutory agency of the Australian Government, responsible for developing, issuing and maintaining auditing and assurance standards.
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| No. | Title | Approval Date | Operative Date | Summary |
| ASQC 1 | Auditing Standard ASQC 1 Quality Control for Firms that Perform Audits and Reviews of Financial Reports and Other Financial Information, Other Assurance Engagements and Related Services Engagements (Compiled) | 11-Nov-13 | 1-Jan-10 | ASQC 1 summary |
| ASQC 1 | Auditing Standard ASQC 1 Quality Control for Firms that Perform Audits and Reviews of Financial Reports and Other Financial Information, and Other Assurance Engagements (Compiled) | 27-Jun-11 | 1-Jan-10 | ASQC 1 summary |
| ASA 100 | Preamble to AUASB Standards | 28-Apr-06 | 1-Jul-06 | ASA 100 summary |
| ASA 101 | Preamble to Australian Auditing Standards (Compiled) | 27-Jun-11 | 1-Jan-10 | ASA 101 summary |
| ASA 102 | Compliance with Ethical Requirements when Performing Audits, Reviews and Other Assurance Engagements (Compiled) | 1-Jul-13 | 1-Jan-10 | ASA 102 summary |
| ASA 102 | Compliance with Ethical Requirements when Performing Audits, Reviews and Other Assurance Engagements (Compiled) | 27-Jun-11 | 1-Jan-10 | ASA 102 summary |
| ASA 200 | Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with Australian Auditing Standards (Compiled) | 11-Nov-13 | 1-Jan-10 | ASA 200 summary |
| ASA 200 | Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with Australian Auditing Standards | 27-Oct-09 | 1-Jan-10 | ASA 200 summary |
| ASA 210 | Agreeing the Terms of Audit Engagements (Compiled) | 27-Jun-11 | 1-Jan-10 | ASA 210 Summary |
| ASA 220 | Quality Control for an Audit of a Financial Report and Other Historical Financial Information (Compiled) | 11-Nov-13 | 1-Jan-10 | ASA 220 summary |
| ASA 220 | Quality Control for an Audit of a Financial Report and Other Historical Financial Information (Compiled) | 27-Jun-11 | 1-Jan-10 | ASA 220 summary |
| ASA 230 | Audit Documentation (Compiled) | 11-Nov-13 | 1-Jan-10 | ASA 230 summary |
| ASA 230 | Audit Documentation | 27-Oct-09 | 1-Jan-10 | ASA 230 summary |
| ASA 240 | The Auditor’s Responsibilities Relating to Fraud in an Audit of a Financial Report (Compiled) | 11-Nov-13 | 1-Jan-10 | ASA 240 summary |
| ASA 240 | The Auditor’s Responsibilities Relating to Fraud in an Audit of a Financial Report (Compiled) | 27-Jun-11 | 1-Jan-10 | ASA 240 summary |
| ASA 250 | Consideration of Laws and Regulations in an Audit of a Financial Report (Compiled) | 27-Jun-11 | 1-Jan-10 | ASA 250 summary |
| ASA 260 | Communication with Those Charged with Governance (Compiled) | 11-Nov-13 | 1-Jan-10 | ASA 260 summary |
| ASA 260 | Communication with Those Charged with Governance (Compiled) | 27-Jun-11 | 1-Jan-10 | ASA 260 summary |
| ASA 265 | Communicating Deficiencies in Internal Control to Those Charged with Governance and Management (Compiled) | 11-Nov-13 | 1-Jan-10 | ASA 265 summary |
| ASA 265 | Communicating Deficiencies in Internal Control to Those Charged with Governance and Management | 27-Oct-09 | 1-Jan-10 | ASA 265 summary |
| ASA 300 | Planning an Audit of a Financial Report (Compiled) | 11-Nov-13 | 1-Jan-10 | ASA 300 Summary |
| ASA 300 | Planning an Audit of a Financial Report (Compiled) | 27-Jun-11 | 1-Jan-10 | ASA 300 Summary |
| ASA 315 | Identifying and Assessing the Risks of Material Misstatement through Understanding the Entity and Its Environment (Compiled) | 11-Nov-13 | 1-Jan-10 | ASA 315 summary |
| ASA 315 | Identifying and Assessing the Risks of Material Misstatement through Understanding the Entity and Its Environment (Compiled) | 27-Jun-11 | 1-Jan-10 | ASA 315 summary |
| ASA 320 | Materiality in Planning and Performing an Audit (Compiled) | 27-Jun-11 | 1-Jan-10 | ASA 320 Summary |
| ASA 330 | The Auditor’s Responses to Assessed Risks | 27-Oct-09 | 1-Jan-10 | ASA 330 summary |
| ASA 402 | Audit Considerations Relating to an Entity Using a Service Organisation (Compiled) | 11-Nov-13 | 1-Jan-10 | ASA 402 summary |
| ASA 402 | Audit Considerations Relating to an Entity Using a Service Organisation (Compiled) | 27-Jun-11 | 1-Jan-10 | ASA 402 summary |
| ASA 450 | Evaluation of Misstatements Identified during the Audit | 27-Oct-09 | 1-Jan-10 | ASA 450 summary |
| ASA 500 | Audit Evidence (Compiled) | 11-Nov-13 | 1-Jan-10 | ASA 500 Summary |
| ASA 500 | Audit Evidence (Compiled) | 27-Jun-11 | 1-Jan-10 | ASA 500 Summary |
| ASA 501 | Audit Evidence—Specific Considerations for Inventory and Segment Information (Compiled) | 27-Jun-11 | 1-Jan-10 | ASA 501 summary |
| ASA 502 | Audit Evidence—Specific Considerations for Litigation and Claims (Compiled) | 1 Jul 2013 | 1-Jan-10 | ASA 502 summary |
| ASA 502 | Audit Evidence—Specific Considerations for Litigation and Claims (Compiled) | 27-Jun-11 | 1-Jan-10 | ASA 502 summary |
| ASA 505 | External Confirmations | 27-Oct-09 | 1-Jan-10 | ASA 505 summary |
| ASA 510 | Initial Audit Engagements—Opening Balances | 27-Oct-09 | 1-Jan-10 | ASA 510 summary |
| ASA 520 | Analytical Procedures | 27-Oct-09 | 1-Jan-10 | ASA 520 Summary |
| ASA 530 | Audit Sampling | 27-Oct-09 | 1-Jan-10 | ASA 530 summary |
| ASA 540 | Auditing Accounting Estimates, Including Fair Value Accounting Estimates, and Related Disclosures (Compiled) | 27-Jun-11 | 1-Jan-10 | ASA 540 summary |
| ASA 550 | Related Parties (Compiled) | 11-Nov-13 | 1-Jan-10 | ASA 550 summary |
| ASA 550 | Related Parties (Compiled) | 27-Jun-11 | 1-Jan-10 | ASA 550 summary |
| ASA 560 | Subsequent Events (Compiled) | 27-Jun-11 | 1-Jan-10 | ASA 560 summary |
| ASA 570 | Going Concern (Compiled) | 1 Jul 2013 | 1-Jan-10 | ASA 570 summary |
| ASA 570 | Going Concern (Compiled) | 31-Jul-12 | 1-Jan-10 | ASA 570 summary |
| ASA 580 | Written Representations (Compiled) | 1 Jul 2013 | 1-Jan-10 | ASA 580 summary |
| ASA 580 | Written Representations (Compiled) | 27-Jun-11 | 1-Jan-10 | ASA 580 summary |
| ASA 600 | Special Considerations—Audits of a Group Financial Report (Including the Work of Component Auditors) | 11-Nov-13 | 1-Jan-10 | ASA 600 summary |
| ASA 600 | Special Considerations—Audits of a Group Financial Report (Including the Work of Component Auditors) | 27-Oct-09 | 1-Jan-10 | ASA 600 summary |
| ASA 610 | Using the Work of Internal Auditors | 11-Nov-13 | 1-Jan-14 | ASA 610 summary |
| ASA 610 | Using the Work of Internal Auditors | 27-Oct-09 | 1-Jan-10 | ASA 610 summary |
| ASA 620 | Using the Work of an Auditor’s Expert | 27-Oct-09 | 1-Jan-10 | ASA 620 summary |
| ASA 700 | Forming an Opinion and Reporting on a Financial Report (Compiled) | 1 Jul 2013 | 1-Jan-10 | ASA 700 summary |
| ASA 700 | Forming an Opinion and Reporting on a Financial Report (Compiled) | 27-Jun-11 | 1-Jan-10 | ASA 700 summary |
| ASA 705 | Modifications to the Opinion in the Independent Auditor’s Report (Compiled) | 27-Jun-11 | 1-Jan-10 | ASA 705 summary |
| ASA 706 | Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent Auditor’s Report (Compiled) | 27-Jun-11 | 1-Jan-10 | ASA 706 summary |
| ASA 710 | Comparative Information—Corresponding Figures and Comparative Financial Reports (Compiled) | 27-Jun-11 | 1-Jan-10 | ASA 710 summary |
| ASA 720 | The Auditor’s Responsibilities Relating to Other Information in Documents Containing an Audited Financial Report | 27-Oct-09 | 1-Jan-10 | ASA 720 summary |
| ASA 800 | Special Considerations—Audits of Financial Reports Prepared in Accordance with Special Purpose Frameworks (Compiled) | 1 Jul 2013 | 1-Jan-10 | ASA 800 summary |
| ASA 800 | Special Considerations—Audits of Financial Reports Prepared in Accordance with Special Purpose Frameworks (Compiled) | 27-Jun-11 | 1-Jan-10 | ASA 800 summary |
| ASRE 2410 | Review of a Financial Report Performed by the Independent Auditor of the Entity (Compiled) | 1 Jul 2013 | 1-Jan-10 | ASRE 2410 summary |
| ASRE 2410 | Review of a Financial Report Performed by the Independent Auditor of the Entity (Compiled) | 27-Jun-11 | 1-Jan-10 | ASRE 2410 summary |
| ASRE 2415 | Review of a Financial Report: Company Limited by Guarantee or an Entity Reporting under the ACNC Act or Other Applicable Legislation or Regulation (Compiled) | 1 Jul 2013 | 1-Jul-13 | ASRE 2415 summary |
| ASRE 2415 | Review of a Financial Report: Company Limited by Guarantee or an Entity Reporting under the ACNC Act or Other Applicable Legislation or Regulation (Compiled) | 28-Mar-13 | 30-Jun-10 | ASRE 2415 summary |
| ASRE 2415 | Review of a Financial Report – Company Limited by Guarantee | 30 Jun 2010 | 30-Jun-10 | ASRE 2415 summary |