Document ID: chunk:federal_register_of_legislation:C2025C00185:section:324af
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 324AF
Character Range: 1184507–1185271

324AF  Meaning of lead auditor and review auditor

Lead auditor
 (1) If an audit firm or audit company conducts an audit of a company, registered scheme or registrable superannuation entity, the lead auditor for the audit is the registered company auditor who is primarily responsible to the audit firm or the audit company for the conduct of the audit.

Review auditor
 (2) If an individual auditor, audit firm or audit company conducts an audit of a company, registered scheme or registrable superannuation entity, the review auditor for the audit is the registered company auditor (if any) who is primarily responsible to the individual auditor, the audit firm or the audit company for reviewing the conduct of the audit.

Division 2—Registration requirements