AUSTRALIAN NATIONAL AUDIT OFFICE (ANAO) AUDITING STANDARDS
 
As required by section 24 of the Auditor-General Act 1997 (the Act), I hereby set auditing standards (“Australian National Audit Office Auditing Standards”) that are to be complied with by persons performing any of the following functions:
 
1.      an audit referred to in Division 1 (“Statements audit”) or Division 2 (“Performance audit”) of Part 4 of the Act;
 
2.      an audit under Division 2 of Part 7 of the Act (Audit of the Australian National Audit Office);
 
3.      an audit under section 56 of the Financial Management and Accountability Act 1997 (audit of the Finance Minister’s annual financial statements).
 
The ANAO Auditing Standards comprise the mandatory provisions contained in Australian Auditing and Assurance Standards, to the extent they are not inconsistent with requirements of the Act, being:
 
·        standards  made or formulated under section 227B of the Australian Securities & Investments Commission Act 2001 by the Australian Auditing and Assurance Standards Board (AUASB Standards) that are current from time to time, and
 
·        the following standards issued by the AuASB (the Auditing and Assurance Standards Board which issued Australian Auditing and Assurance Standards up to 30 June 2004, on behalf of CPA Australia and The Institute of Chartered Accountants in Australia):
 
a.      AUS 804 The Audit of Prospective Financial Information (issued July 2002);
b.      AUS 806 Performance Auditing (issued July 2002);
c.      AUS 808 Planning Performance Audits (issued October 1995); and
d.      AUS 810 Special Purpose Reports on the Effectiveness of Control Procedures (issued July 2002).
 
AUASB Auditing Standard ASA 100 Preamble to AUASB Standards sets out the intentions of the AUASB on how the AUASB Standards are to be understood, interpreted and applied.
 
These ANAO Auditing Standards revoke the ANAO Auditing Standards notified in the Commonwealth of Australia Gazette GN45 of 16 November 2005.  The individual standards apply in accordance with the operative dates given or indicated in each individual standard.
 
In applying the ANAO Auditing Standards, auditors should have regard to the auditing and assurance guidance contained in Australian Auditing and Assurance Standards issued by the AUASB.  
 
 
 
 
 
 
Ian McPhee
Auditor-General
 
29  September 2006