Document ID: chunk:federal_register_of_legislation:F2023C00341:reg:4:p42
Version: federal_register_of_legislation:F2023C00341
Segment Type: reg
Provision Reference: reg 4 (pt 42/42)
Character Range: 127617–129811

See ASRE 2410 Review of a Financial Report Performed by the Independent Auditor of the Entity.  See also ASRE 2400 Review of a Financial Report Performed by an Assurance Practitioner Who is Not the Auditor of the Entity and ASRE 2405 Review of Historical Financial Information Other than a Financial Report.
[24]  See ASA 240, paragraphs 40-42.
[25]  If, in the group engagement partner's judgement, the effect on the financial report of the inability to obtain sufficient appropriate audit evidence is material and pervasive, the group engagement partner would disclaim an opinion in accordance with ASA 705.
[*]  Or other appropriate assertion by management or those charged with governance.
[*]  The auditor's signature is either in the name of the audit firm, the personal name of the auditor or both, as appropriate.
[*]  The sub-title "Report on the Audit of the Financial Report" is unnecessary in circumstances when the second sub-title "Report on Other Legal and Regulatory Requirements", or other appropriate sub-title, is not applicable.
[#]  Or, alternatively, include statements (a) to the effect that circumstances have changed since the declaration was given to the relevant directors; and (b) setting out how the declaration would differ if it had been given to the relevant directors at the time the auditor's report was made.
[*]  The Report on the Remuneration Report is an example of "Other Reporting Responsibilities"—see ASA 700, paragraphs 43-45.  Any additional "Other Reporting Responsibilities" that the auditor needs to address, will also be included in a separate section of the auditor's report.  Under paragraph 43 of ASA 700, the sub-title "Report on Other Legal and Regulatory Requirements" or other sub-title as appropriate to the section, is used.
[#]  The auditor is required, under the Corporations Act 2001, to sign the auditor's report in both their own name and the name of their firm [section 324AB(3)] or the name of the audit company [section 324AD(1)], as applicable.
[26]  See ASA 610 Using the Work of Internal Auditors, paragraph 16-17.
[27]  [Footnote deleted by the AUASB.]
[#]  See ASA 610 Using the Work of Internal Auditors, paragraph Aus 1.2.