Document ID: chunk:federal_register_of_legislation:F2023C01138:reg:4:p23
Version: federal_register_of_legislation:F2023C01138
Segment Type: reg
Provision Reference: reg 4 (pt 23/43)
Character Range: 68819–71786

information after the date of the auditor's report.

      * Illustration 5: [Deleted by the AUASB.  Refer [Aus] Illustration 5A]

      * [Aus] Illustration 5A: An auditor's report of a listed company containing an unmodified opinion when the auditor has obtained all of the other information prior to the date of the auditor's report and has concluded that a material misstatement of the other information exists.

      * Illustration 6: [Deleted by the AUASB.  Refer [Aus] Illustration 6A]

      * [Aus] Illustration 6A: An auditor's report of a listed company containing a qualified opinion when the auditor has obtained all of the other information prior to the date of the auditor's report and there is a limitation of scope with respect to a material item in the financial report which also affects the other information.

      * Illustration 7: [Deleted by the AUASB.  Refer [Aus] Illustration 7A]

      * [Aus] Illustration 7A: An auditor's report of a listed company containing an adverse opinion when the auditor has obtained all of the other information prior to the date of the auditor's report and the adverse opinion on the financial report also affects the other information.

Example Auditor's Report
Single Company‑Corporations Act 2001
Unmodified opinion - all of the Other Information obtained
(Fair Presentation Framework)

    [Aus] Illustration 1A

    For purposes of this illustrative auditor's report, the following circumstances are assumed:

      * Audit of the financial report of a single listed company.  The audit is not a group audit (i.e., ASA 600[*] does not apply).

      * The financial report is prepared by the directors of the company in accordance with Australian Accounting Standards (a general purpose framework) and under the Corporations Act 2001.

      * The terms of the audit engagement reflect the description of the directors' responsibility for the financial report in ASA 210.

      * The auditor has concluded an unmodified (i.e., "clean") opinion is appropriate based on the audit evidence obtained.

      * The relevant ethical requirements that apply to the audit are the Accounting Professional & Ethical Standards Board's APES 110 Code of Ethics for Professional Accountants (including Independence Standards).

      * Based on the audit evidence obtained, the auditor has concluded that a material uncertainty does not exist related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern in accordance with ASA 570.[#]

      * Key audit matters have been communicated in accordance with ASA 701.[†]

      * The auditor has obtained all of the other information prior to the date of the auditor's report and has not identified a material misstatement of the other information.

      * In addition to the audit of the financial report, the auditor has other reporting responsibilities required under section 308(3C) of the Corporations Act