Australian Government
Auditing and Assurance Standards Board
Friday, December 20, 2024
The AUASB has recently updated the auditor’s responsibilities statements on the AUASB website to reflect the changes arising from ASA 600 Special Considerations—Audits of a Group Financial Report (Including the Work of Component Auditors) which will become effective for financial years ending 31 December 2024. The auditor’s report should refer to the specific webpage that applies to the auditor’s responsibilities applicable in the context of the engagement. As a result, when referring to the responsibilities statements the auditor needs to include the correct webpage link based on the type of engagement listed in the table on the AUASB website. The existing auditor’s responsibilities statements will remain on the AUASB website as auditor’s reports issued prior to 31 December 2024 contain webpage links to these statements. Newly updated auditor’s responsibilities statements will have new webpage links for auditor’s reports going forward.