Document ID: chunk:federal_register_of_legislation:F2023C01140:reg:39:p13
Version: federal_register_of_legislation:F2023C01140
Segment Type: reg
Provision Reference: reg 39 (pt 13/53)
Character Range: 45870–49023

50.1(e) A statement that the auditor is independent of the entity in accordance with the relevant ethical requirements relating to the audit, and has fulfilled the auditor's other ethical requirements in accordance with these requirements.  The statement shall identify the relevant ethical requirements applicable within Australia.

(f)                 Where applicable, a section that addresses, and is not inconsistent with, the reporting requirements in paragraph 22 of ASA 570.

(g)                Where applicable, a Basis for Qualified (or Adverse) Opinion section that addresses, and is not inconsistent with, the reporting requirements in paragraph 23 of ASA 570.

(h)                Where applicable, a section that includes the information required by ASA 701, or additional information about the audit that is prescribed by law or regulation and that addresses, and is not inconsistent with, the reporting requirements in that Auditing Standard.[19]  (Ref: Para. A71–A72)

(i)                 Where applicable, a section that addresses the reporting requirements in paragraph 24 of ASA 720.

(j)                 A description of management's responsibilities for the preparation of the financial report and an identification of those responsible for the oversight of the financial reporting process that addresses, and is not inconsistent with, the requirements in paragraphs 33–36 of this Auditing Standard.

(k)                A reference to Australian Auditing Standards and the law or regulation, and a description of the auditor's responsibilities for an audit of the financial report that addresses, and is not inconsistent with, the requirements in paragraphs 37–40 of this Auditing Standard.  (Ref: Para. A54–A55)

(l)                  [Deleted by the AUASB.  Refer Aus 50.1(l)]

Aus 50.1(l) The name of the engagement partner where required by law or regulation.

(m)             The auditor's signature.

(n)                The auditor's address.

(o)                The date of the auditor's report.

Auditor's Report for Audits Conducted in Accordance with Both Auditing Standards of a Specific Jurisdiction and Australian Auditing Standards

51.               An auditor may be required to conduct an audit in accordance with the auditing standards of a specific jurisdiction (the "other auditing standards"), but may additionally comply with the Australian Auditing Standards in the conduct of the audit.  If this is the case, the auditor's report may refer to Australian Auditing Standards  in addition to the other auditing standards, but the auditor shall do so only if: (Ref: Para. A76–A77)

(a)                There is no conflict between the requirements in the other auditing standards and those in the Australian Auditing Standards that would lead the auditor (i) to form a different opinion, or (ii) not to include an Emphasis of Matter paragraph or Other Matter paragraph that, in the particular circumstances, is required by the Australian Auditing Standards; and

(b)                The auditor's report includes, at a minimum, each of the elements set out in paragraphs 50(a)–(o) of this Auditing Standard when the