ASIC (Australian Securities & Investments Commission) Overlay

Regulatory overlay covering 6 audit procedures with statute and standard citations.
Procedures
6
Registrant types
all
Standard refs
0
Catalog version
0.14

Procedures

  1. Compliance with Corporations Act 2001 audit obligationsasic_proc_corporations_act_compliance

  2. ASA 240 fraud risk assessment (with AU-specific Class Order signals)asic_proc_asa_240_fraud

  3. Independent auditor's report under ASA 700asic_proc_asa_700_report

  4. Concise financial report consideration (Corporations Act s314)asic_proc_concise_financial_report

  5. ASIC Act inspection-readiness documentationasic_proc_asic_act_inspection

  6. ASX Listing Rules continuous disclosure verificationasic_proc_asx_listing_rules

Procedures specific to ASIC-regulated audits of Australian listed entities under ASA (Australian Auditing Standards) issued by AUASB (Auditing and Assurance Standards Board). ASA standards are conformed with ISAs but carry Australia-specific paragraphs.