Document ID: chunk:federal_register_of_legislation:F2020L00885:body:0:p16
Version: federal_register_of_legislation:F2020L00885
Segment Type: other
Provision Reference: 
Character Range: 45055–48351

which materially affects current year financial report—Corporations Act 2001 (Fair Presentation Framework), is amended as follows:

INDEPENDENT AUDITOR'S REPORT

…

Basis for Qualified Opinion

…

We conducted our audit in accordance with Australian Auditing Standards. ... We are independent of the Company in accordance with the auditor independence requirements of the Corporations Act 2001 and the ethical requirements of the Accounting Professional &and Ethical Standards Board's APES 110 Code of Ethics for Professional Accountants (including Independence Standards) (the Code) ...

…

69.               Illustration 2: Example Auditor's Report General Purpose Financial Report Corresponding Figures; Qualified Opinion on prior year, which affects the comparability of the current year financial report (Fair Presentation Framework), is amended as follows:

INDEPENDENT AUDITOR'S REPORT

…

Basis for Qualified Opinion

…

We conducted our audit in accordance with Australian Auditing Standards. ... We are independent of the Entity in accordance with the ethical requirements of the Accounting Professional &and Ethical Standards Board's APES 110 Code of Ethics for Professional Accountants (including Independence Standards) (the Code) ...

70.               [Aus] Illustration 2A: Example Auditor's Report on a General Purpose Financial Report Corresponding Figures; Qualified Opinion on prior year, which affects the comparability of the current year financial report—Corporations Act 2001 (Fair Presentation Framework), is amended as follows:

INDEPENDENT AUDITOR'S REPORT

…

Basis for Qualified Opinion

…

We conducted our audit in accordance with Australian Auditing Standards. ... We are independent of the Company in accordance with the auditor independence requirements of the Corporations Act 2001 and the ethical requirements of the Accounting Professional &and Ethical Standards Board's APES 110 Code of Ethics for Professional Accountants (including Independence Standards) (the Code) ...

…

71.               Illustration 3: Example Auditor's Report on a General Purpose Financial Report Corresponding Figures; Prior year financial report audited by a predecessor auditor, and is referred to in the auditor's report on the current year financial report (Fair Presentation Framework), is amended as follows:

…

Basis for Opinion

... We are independent of the Entity in accordance with the ethical requirements of the Accounting Professional &and Ethical Standards Board's APES 110 Code of Ethics for Professional Accountants (including Independence Standards) (the Code) ...

72.               Illustration 4: Example Auditor's Report on a General Purpose Financial Report Comparative Financial Reports; Qualified opinion on prior year financial report, which materially affects current year financial report (Fair Presentation Framework), is amended as follows:

INDEPENDENT AUDITOR'S REPORT

…

Basis for Qualified Opinion

…

We conducted our audit in accordance with Australian Auditing Standards. ... We are independent of the Entity in accordance with the ethical requirements of the Accounting Professional &and Ethical Standards Board's APES 110 Code of Ethics for Professional Accountants (including Independence Standards) (the Code) ...

Amendments to ASA 720