The auditor may find it useful to refer also to ASA 101 [20] which set out how the AUASB Standards are to be understood, interpreted and applied, to explain to members that Australian Auditing Standards contain mandatory requirements relating to the …

Members may request the auditor to comment on accounting policies adopted by the entity. When responding to questions on accounting policies the auditors may explain that selection of accounting policies is the responsibility of those charged with …

Responses given in respect of questions on internal control may be provided within the context of the financial report audit. The Auditors may refer to the Auditor’s Responsibilities for the Audit of the Financial Report section of the auditor’s report …

Depending on the questions asked the auditor may also communicate that assurance is not provided on internal control, but rather that control procedures are examined only to the extent that reliance thereon might enable modification to the nature, timing …

The auditor may receive a question in relation to how they have addressed the risk of fraud when conducting the audit. The auditor responds to questions about fraud based on the specific circumstances of the entity, and may consider referencing to ASA 240 …

Depending on the specific circumstances of the entity, auditors may receive questions in relation to their responsibilities in relation to going concern. Responses to questions on going concern may detail the responsibilities of management and those …

Responses to questions on the responsibilities of the auditor, may be provided in the context of ASA 570 which requires the auditor: To obtain sufficient appropriate evidence regarding, and conclude on, the appropriateness of management’s use of the going …

Auditors may receive questions on how emerging risk areas, such as climate-related risks, cyber security risks [24] and public health risks, have been addressed during the audit. The auditor’s response to these questions may be based on the auditor’s …

For the purposes of this Guidance Statement the following items have the meaning attributed in the Australian Auditing Standards and reproduced below: Those charged with governance means the person(s) or organisation(s) (for example, a corporate trustee) …

Section 250PA (1) of the Act states:   “A member of a listed company who is entitled to cast a vote at the AGM may submit a written question to the auditor under this section if the question is relevant to: the content of the auditor’s report to be …