Document ID: chunk:federal_register_of_legislation:F2023C00340:reg:10:p27
Version: federal_register_of_legislation:F2023C00340
Segment Type: reg
Provision Reference: reg 10 (pt 27/29)
Character Range: 79802–82629

706, paragraph A2.
[16]   See ASA 705, paragraph 10.
[*]  See section 311 of the Corporations Act 2001.
[#]  See, for example, ASIC Regulatory Guide 34 Auditors' obligations: Reporting to ASIC (May 2013).
[*]  See ASA 600 Special Considerations—Audits of a Group Financial Report (Including the Work of Component Auditors).
[#]  See ASA 210 Agreeing the Terms of Audit Engagements.
[§]   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, alternatively, include statements (a) to the effect that circumstances have changed since the declaration was given to the relevant directors; and (b) setting out how the declaration would differ if it had been given to the relevant directors at the time the auditor's report was made. [Section 307C (5A)(d) of the Corporations Act 2001]
[*]  Paragraphs 33 and 38 of ASA 700 require wording to be included in the auditor's report for all entities in relation to going concern to describe the respective responsibilities of those responsible for the financial report and the auditor in relation to going concern.
[#]  The Report on the Remuneration Report is an example of "Other Reporting Responsibilities"—refer paragraphs 42‑44 of ASA 700.  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 of ASA 700, 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 to sign the auditor's report in both their own name and the name of their firm [section 324 AB(3) of the Corporations Act 2001] or the name of the audit company [section 324AD(1) of the Corporations Act 2001], as applicable.
[*]  See ASA 600 Special Considerations—Audits of a Group Financial Report (Including the Work of Component Auditors).
[#]  See ASA 210 Agreeing the Terms of Audit Engagements.
[*]   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, alternatively, include statements (a) to the effect that circumstances have changed since the declaration was given to the relevant directors; and (b) setting out how the declaration would differ if it had 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 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.
[#]  Paragraphs