Scope of this Auditing Standard
The Australian Standards on Auditing in the 100–700 series apply to an audit of a financial report. This Auditing Standard deals with special considerations in the application of those Australian Auditing Standards to an audit of a financial report prepared in accordance with a special purpose framework.
This Auditing Standard is written in the context of a financial report prepared in accordance with a special purpose framework. ASA 805 deals with special considerations relevant to an audit of a single financial statement or of a specific element, account or item of a financial statement.
This Auditing Standard does not override the requirements of the other Auditing Standards; nor does it purport to deal with all special considerations that may be relevant in the circumstances of the engagement.