When the auditor conducts the audit in accordance with Australian Auditing Standards and International Standards on Auditing (“ISAs”), in accordance with ASA 700 the auditor’s report is required to refer to the audit having been conducted in accordance …

Each Auditing Standard contains one or more objectives which provide a link between the requirements and the overall objectives of the auditor.  The objectives in individual Auditing Standards serve to focus the auditor on the desired outcome of the …

Objectives are to be understood in the context of the overall objectives of the auditor stated in paragraph 11 of this Auditing Standard.  As with the overall objectives of the auditor, the ability to achieve an individual objective is equally subject to …

In using the objectives, the auditor is required to have regard to the interrelationships among the Australian Auditing Standards.  This is because, as indicated in paragraph A55 , the Australian Auditing Standards deal in some cases with general …

The requirements of the Australian Auditing Standards are designed to enable the auditor to achieve the objectives specified in the Australian Auditing Standards, and thereby the overall objectives of the auditor.  The proper application of the …

The auditor is required to use the objectives to evaluate whether sufficient appropriate audit evidence has been obtained in the context of the overall objectives of the auditor.  If as a result the auditor concludes that the audit evidence is not …

In some cases, an Auditing Standard (and therefore all of its requirements) may not be relevant in the circumstances.  For example, if an entity does not have an internal audit function, nothing in ASA 610 [28] is …

Within a relevant Auditing Standard, there may be conditional requirements. Such a requirement is relevant when the circumstances envisioned in the requirement apply and the condition exists. In general, the conditionality of a requirement will either be …

ASA 230 establishes documentation requirements in those rare and exceptional circumstances where the auditor is unable to comply with a relevant requirement. [32] Australian Auditing Standards do not call for compliance with a requirement that is not …

Where in rare and exceptional circumstances, factors outside the auditor’s control prevent the auditor from complying with an essential procedure contained within a relevant requirement, compliance with Australian Auditing Standards can still be …