Document ID: chunk:federal_register_of_legislation:F2023C00335:body:0:p16
Version: federal_register_of_legislation:F2023C00335
Segment Type: other
Provision Reference: 
Character Range: 42642–45533

attention to Note X of the financial report, which describes the effects of a fire in the Entity's production facilities.  Our opinion is not modified in respect of this matter.

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

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

Auditor's Responsibilities for the Audit of the Financial Report

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

Report on Other Legal and Regulatory Requirements

[Reporting in accordance with ASA 700 – see [Aus] Illustration 1A in ASA 700.]

[Signature][*]

[Date of the auditor's report]

[Auditor's Address]

[1]  See ASA 701 Communicating Key Audit Matters in the Independent Auditor's Report.
[2]  See ASA 570 Going Concern.
[3]  See ASA 720 The Auditor's Responsibilities Relating to Other Information.
[4]  See ASA 705 Modifications to the Opinion in the Independent Auditor's Report.
[5]  See ASA 260 Communication with Those Charged with Governance, paragraph 16.
[6]  See ASA 560 Subsequent Events, paragraphs 12(b) and 16.
[7]  See ASA 560, paragraph 6.
[8]  See ASA 570, paragraphs 22–23.
[9]  See ASA 260, paragraph 15.
[10]  See ASA 705, paragraph 13(b)(ii) for a discussion of this circumstance.
[11]  See ASA 700 Forming an Opinion and Reporting on a Financial Report, paragraphs 42–44.
[12]  For example, as required by ASA 210 Agreeing the Terms of Audit Engagements, paragraph 19 and ASA 800 Special Considerations—Audits of Financial Reports Prepared in Accordance with Special Purpose Frameworks, paragraph 14.
[*]  See ASA 600 Special Considerations—Audits of Group Financial Reports (Including the Work of Component Auditors).
[*]  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]
[†]  As noted in paragraph A16, an Emphasis of Matter paragraph may be presented either directly before or after the Key Audit Matters section based on the auditor's judgment as to the relative significance of the information included in the Emphasis of Matter paragraph.
[*]  Throughout these illustrative auditor's reports, the terms management and those charged with governance may need to be replaced by another term that is appropriate in the context of the legal framework in the particular jurisdiction.
[#]  The auditor is required, under the Corporations Act 2001, to sign the auditor's report in both their own name