Overview
The Australian Securities and Investments Commission (ASIC) has made a legislative instrument approving an auditing competency standard under the Corporations Act 2001. The instrument is identified as ASIC Corporations (Approval of Auditing Competency Standard) Instrument 2026/733, with the Federal Register of Legislation reference F2026L01295.
Commencement
The instrument came into force on 25 September 2026.
Administration
The instrument is administered by the Department of the Treasury.
What the instrument does
The instrument gives formal approval to an auditing competency standard. The instrument relates to auditing under the Corporations Act 2001. The full text of the instrument and its explanatory statement, including details of which specific standard has been approved and what it requires, are available at the Federal Register of Legislation.
Key actions
- View the full instrument and explanatory statement at legislation.gov.au/F2026L01295 to understand what auditing competency standard has been approved and whether it affects your auditor or audit obligations.
This is a plain-English summary for information only, not legal or compliance advice. Always check the official source or consult a qualified professional.