Introduction

Includes: Scope of this Auditing Standard, Effective Date

Scope of this Auditing Standard

1

This Auditing Standard deals with the auditor’s responsibilities in agreeing the terms of the audit engagement with management and, where appropriate, those charged with governance.  This includes establishing that certain preconditions for an audit, responsibility for which rests with management and, where appropriate, those charged with governance, are present.  ASA 220 [1] deals with those aspects of engagement acceptance that are within the control of the auditor.  (Ref: Para. A1)

Effective Date

2

[Deleted by the AUASB.  Refer Aus 0.3]

1

See ASA 220 [1] Quality Control for an Audit of a Financial Report and Other Historical Financial Information.