Amendments to Prudential Standard SPS 310 Audit and Related Matters
This page contains APRA's consultation on minor amendments to Prudential Standard SPS 310 Audit and Related Matters (SPS 310).
On 7 December 2022, APRA released a letter to industry on the updated Prudential Standard SPS 310 Audit and Related Matters (SPS 310), along with the final version of SPS 310.
The amendments to SPS 310 are minor and must be implemented within the scope of audits for the financial year ending 30 June 2023 onwards.
The letter to industry and updated SPS 310 can be found below:
On 9 June 2021, APRA released a response letter on its proposed amendments to SPS 310 published for consultation on 10 December 2021.
In the letter published today, APRA has considered the feedback received from industry regarding timing and it has decided to delay the commencement of the proposed amendments to the financial year ending 30 June 2023.
APRA will provide a further update on any refinements when it finalises SPS 310 later in 2022.
The letter to industry and non-confidential submissions are available below:
On 10 December 2021, APRA released for consultation its proposed amendments to Prudential Standard SPS 310 Audit and Related Matters (SPS 310) to align with changes to APRA’s reporting standards for superannuation.
APRA will consult on these amendments for three months, with submissions due by 11 March 2022.
The letter to industry is available below:
Note on submissions
It is APRA's policy to publish all submissions on the APRA website unless the respondent specifically tells APRA in writing that all or part of the submission is to remain confidential. An automatically generated confidentiality statement in an email does not satisfy this purpose. If you would like only part of your submission to be confidential, you should provide this information marked as 'confidential' in a separate attachment.