This Auditing Standard deals with the auditor’s responsibilities relating to an engagement to report on summary financial statements derived from a financial report, or a complete set of financial statements, audited in accordance with Australian Auditing Standards by that same auditor.

Auditors that are required to issue an auditor’s report on a concise financial report prepared under the Corporations Act 2001 and Accounting Standard AASB 1039 Concise Financial Reports should refer to guidance contained in GS 001 Concise Financial Reports. 

[Deleted by the AUASB.  Refer Aus 0.2]