Introduction

Includes: Scope of this Auditing Standard | Effective Date

Scope of this Auditing Standard

1

This Auditing Standard deals with the auditor’s responsibility to design and implement responses to the risks of material misstatement identified and assessed by the auditor in accordance with ASA 315[1] in an audit of a financial report.

Effective Date

2

[Deleted by the AUASB.  Refer Aus 0.3]

1

See ASA 315 Identifying and Assessing the Risks of Material Misstatement through Understanding the Entity and Its Environment.