Document ID: chunk:federal_register_of_legislation:F2023C01137:body:0:p27
Version: federal_register_of_legislation:F2023C01137
Segment Type: other
Provision Reference: 
Character Range: 73511–76491

audit of the Entity's financial report in accordance with Australian Auditing Standards and to issue an auditor's report.  However, because of the matters described in the Basis for Disclaimer of Opinion section of our report, we were not able to obtain sufficient appropriate audit evidence to provide a basis for an audit opinion on the financial 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.

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 700 Forming an Opinion and Reporting on a Financial Report.
[2]  See ASA 260 Communication with Those Charged with Governance, paragraph 13.
[3]  ASA 805 Special Considerations—Audits of Single Financial Statements and Specific Elements, Accounts or Items of a Financial Statement, deals with circumstances where the auditor is engaged to express a separate opinion on one or more specific elements, accounts or items of a financial statement.
[4]  See ASA 701 Communicating Key Audit Matters in the Independent Auditor's Report, paragraphs 11–13.
[5]  See ASA 720 The Auditor's Responsibilities Relating to Other Information, paragraph A54.
[6]  See ASA 700, paragraph 11.
[7]  See ASA 450 Evaluation of Misstatements Identified during the Audit, paragraph 11.
[8]  See ASA 706 Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent Auditor's Report, paragraph A10.
[9]  See ASA 700, paragraph A25(b) for a description of this circumstance.
[10]  See ASA 510 Initial Audit Engagements―Opening Balances, paragraph 10.
[11]  See ASA 570 Going Concern.
[#]  The sub-title "Report on the Financial Report" is unnecessary in circumstances when the second sub-title "Report on Other Legal and Regulatory Requirements", or other appropriate sub-title, 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. [Refer: 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.
[§]  The Report on the Remuneration Report is an example of "Other Reporting Responsibilities"—refer paragraphs 42-44.  Any additional "Other Reporting Responsibilities"