In accordance with sections 250T(3) and (4) of the Act, the auditor may be permitted to table a written answer to a written question submitted to the auditor under section 250PA and the listed company must make that written answer reasonably available to …

In addition to submitting written questions to the auditor prior to the AGM, [9] members are able to direct questions to the auditor at the AGM. Section 250T (1) of the Act states:   “ If the company’s auditor or their representative is at the meeting, …

In contrast to the responsibilities of those charged with governance for all aspects of the business, the auditor has specific responsibilities which are established by the Act, [11] but which may be extended when agreed with the entity as part of the …

The auditor is under no obligation to respond to questions on matters beyond the scope of the audit mandate and/or questions relating to matters that are the responsibility of those charged with governance. Therefore, it is important that the auditor, …

Adequate planning and preparation for the AGM enable authoritative responses to be provided to questions raised. In addition to preparing responses to written questions received by members prior to the AGM, the auditors preparation may also include …

The chair of the AGM should be familiar with the responsibility and authority of both those charged with governance and the auditor, with matters arising from the financial report and the content of the auditor’s report, to ensure that inappropriate …

The auditor may respond to questions about the auditor’s report by referring to the auditor’s report included with the financial report. Where necessary, the auditor explains the meaning of the terms used in the auditor’s …

The auditor provides assurance on the financial report taken as a whole. Hence individual financial statement items are audited within the framework of materiality appropriate to the financial report as a whole, rather than a materiality level appropriate …

Members may be interested in errors detected by the auditor and/or disagreements with management. The auditor explains the significance of an unmodified opinion to indicate that any uncorrected errors are immaterial and disagreements have been resolved …

Auditors may receive questions on matters that have been communicated as KAMs. Questions may be asked in relation to: Why matters have or have not been identified as a KAM; Why certain procedures were or were not performed; What conclusion the auditor …