Document ID: chunk:federal_register_of_legislation:F2023C00329:reg:16:p19
Version: federal_register_of_legislation:F2023C00329
Segment Type: reg
Provision Reference: reg 16 (pt 19/23)
Character Range: 57604–60686

section of our report.  We are independent of the Entity in accordance with the ethical requirements of the Accounting Professional & Ethical Standards Board's APES 110 Code of Ethics for Professional Accountants (including Independence Standards) (the Code) that are relevant to our audit of the financial report in Australia.  We have also fulfilled our other ethical responsibilities in accordance with the Code.  We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Other Information [or another title if appropriate such as "Information Other than the Financial Report and Auditor's Report Thereon"]

[Reporting in accordance with the reporting requirements in ASA 720 – see [Aus] Illustration 1A in Appendix 3 of ASA 720.]

Other Matter

The financial report of the Entity for the year ended 30 June 20X0 was audited by another auditor who expressed an unmodified opinion on that financial report on 31 August 20X0.

Responsibilities of Management and Those Charged with Governance for the Financial Report

[Reporting in accordance with ASA 700 – see Illustration 3 in the Appendix of ASA 700.]

Auditor's Responsibilities for the Audit of the Financial Report

[Reporting in accordance with ASA 700 – see Illustration 3 in the Appendix of ASA 700.]

[Signature][*]

[Date of the auditor's report]

[Auditor's address]

Example Auditor's Report
General Purpose Financial Report
Comparative Financial Reports

Qualified opinion on prior year financial report, which materially affects current year financial report (Fair Presentation Framework)

Illustration 4 - Comparative Financial Reports (Ref: Para. A9)
For purposes of this illustrative auditor's report, the following circumstances are assumed:

                    Audit of the financial report of an entity other than a listed entity.  The audit is not a group audit (i.e., ASA 600 does not apply).
                    The financial report is prepared by management of the entity in accordance with Australian Accounting Standards (a general purpose framework).  The financial report is not prepared under the Corporations Act 2001.
                    The terms of the audit engagement reflect the description of management's responsibility for the financial report in ASA 210.
                    The auditor is required to report on both the current period financial report and the prior period financial report in connection with the current year's audit.
                    The auditor's report on the prior period, as previously issued, included a qualified opinion.
                    The matter giving rise to the modification is unresolved.
                    The effects or possible effects of the matter on the current period's figures are material to both the current period financial report and prior period financial reports, and require a modification to the auditor's opinion.
                    The relevant ethical requirements that apply to the audit are the Accounting Professional & Ethical Standards Board's