Company: FXA
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027258
Chunk: 67

Company: Invesco CurrencyShares Australian Dollar Trust
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 67
---
 company; and (iii) provide reasonable assurance regarding prevention or timely 

 19

detection of unauthorized acquisition, use, or disposition of the company’s assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

Critical Audit Matters

Critical audit matters are matters arising from the current period audit of the financial statements that were communicated or required to be communicated to the audit committee and that (i) relate to accounts or disclosures that are material to the financial statements and (ii) involved our especially challenging, subjective, or complex judgments. We determined there are no critical audit matters.

/s/PricewaterhouseCoopers LLP

Chicago, Illinois

February 25, 2025

We have served as the Trust’s auditor since 2018. 

 20

Invesco CurrencyShares® Australian Dollar Trust

Statements of Financial Condition

December 31, 2024 and 2023

    December 31,

    2024

    2023

    Assets

    Australian Dollar deposits, interest bearing
     
    $
    64,347,970

    $
    77,670,560

    Australian Dollar deposits, non-interest bearing

    7,534

    1,002

    Receivable from accrued interest

    96,910

    127,155

    Total Assets
     
    $
    64,452,414

    $
    77,798,717

    Liabilities

    Accrued Sponsor’s fee
     
    $
    19,873

    $
    26,145

    Total Liabilities

    19,873

    26,145

    Commitments and Contingent Liabilities (note 8)

    Redeemable Capital Shares and Shareholders’ Equity

    Redeemable Capital Shares, at redemption value, no par value,    1,050,000 and 1,150,000 issued and outstanding, respectively

    64,432,541

    77,772,572

    Shareholders’ Equity:

    Retained Earnings

    —

    —

    Total Liabilities, Redeemable Capital Shares and Shareholders