Document ID: chunk:federal_register_of_legislation:F2023C01137:body:0:p29
Version: federal_register_of_legislation:F2023C01137
Segment Type: other
Provision Reference: 
Character Range: 78843–81436

been given to the relevant directors at the time the auditor's report was made.  [Section 307C (5A)(d) of the Corporations Act 2001.]
[#]  Paragraph 22 of revised ASA 720 requires the auditor to consider the implications for the other information statement of a matter giving rise to a qualified or adverse opinion in accordance with ASA 705.
[§]  The Report on the Remuneration Report is an example of "Other Reporting Responsibilities"—refer paragraphs 42-44.  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 42, 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.
[*]  Paragraph A54 of ASA 720 The Auditor's Responsibilities Relating to Other Information requires the auditor not to include a other information section, when the auditor issues a disclaimer of opinion on the financial report in accordance with ASA 705.
[*]  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" is not applicable.
[#]  Or other applicable assertion by management or those charged with governance.
[†]  Or other terms that are appropriate in the context of the legal framework of the particular jurisdiction.
[*]  The auditor's signature is either in the name of the audit firm, the personal name of the auditor or both, as appropriate. [Ref: ASA 700 Aus A59.1]
[*]  Paragraph A54 of revised ASA 720 The Auditor's Responsibilities Relating to Other Information  requires the auditor not to include an other information section, when the auditor issues a disclaimer of opinion on the financial report in accordance with ASA 705.
[#]  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" is not applicable.
[#]  Or other applicable assertion by management or those charged with governance.
[†]  Or other terms that are appropriate in the context of the legal framework of the particular jurisdiction.
[§]  The auditor's signature is either in the name of the audit firm, the personal name of the auditor or both, as appropriate. [Ref: ASA 700 Aus A59.1]