Document ID: chunk:federal_register_of_legislation:F2023C01140:reg:39:p29
Version: federal_register_of_legislation:F2023C01140
Segment Type: reg
Provision Reference: reg 39 (pt 29/53)
Character Range: 90894–93873

In such cases, paragraph 45 requires the auditor to include reporting responsibilities under the Australian Auditing Standards under a heading titled "Report on the Audit of the Financial Report."

Name of the Engagement Partner (Ref: Para. Aus 46.1)

A61.          [Deleted by the AUASB.  Refer Aus A61.1]

Aus A61.1 The objective of the firm in ASQM 1[37] is to design, implement and operate a system of quality management that provides the firm with reasonable assurance that:

               * The firm and its personnel fulfill their responsibilities in accordance with professional standards and applicable legal and regulatory requirements, and conduct engagements in accordance with such standards and requirements; and

               * Engagement reports issued by the firm or engagement partners are appropriate in the circumstances.

         Notwithstanding the objective of ASQM 1, naming the engagement partner in the auditor's report is intended to provide further transparency to the users of the auditor's report.

A62.         Law or regulation may require that the auditor's report include the name of the engagement partner responsible for audits other than those of a general purpose financial report of listed entities.  The auditor may also be required by law or regulation, or may decide to include additional information beyond the engagement partner's name in the auditor's report to further identify the engagement partner, for example, the engagement partner's professional license number that is relevant to the jurisdiction where the auditor practices.

A63.         [Deleted by the AUASB.][*]

Signature of the Auditor (Ref: Para. 47)

A64.         The auditor's signature is either in the name of the audit firm, the personal name of the auditor or both, as appropriate for the particular jurisdiction.  In addition to the auditor's signature, in certain jurisdictions, the auditor may be required to declare in the auditor's report the auditor's professional accountancy designation or the fact that the auditor or firm, as appropriate, has been recognised by the appropriate licensing authority in that jurisdiction.

Aus A64.1 Under the Corporations Act 2001, the auditor of a company or registered scheme is required 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.

A65.         In some cases, law or regulation may allow for the use of electronic signatures in the auditor's report.

Date of the Auditor's Report (Ref: Para. 49)

A66.         The date of the auditor's report informs the user of the auditor's report that the auditor has considered the effect of events and transactions of which the auditor became aware and that occurred up to that date.  The auditor's responsibility for events and transactions after the date of the auditor's report is addressed in ASA 560.[38]

A67.         Since the auditor's opinion