For the purposes of this Auditing Standard, the following terms have the meanings attributed below: …

Those charged with governance – The person(s) or organisation(s) (e.g., a corporate trustee) with responsibility for overseeing the strategic direction of the entity and obligations related to the accountability of the entity.  This includes overseeing …

Management – The person(s) with executive responsibility for the conduct of the entity’s operations.  For some entities in some jurisdictions, management includes some or all of those charged with governance, for example, executive members of a governance …

The auditor shall determine the appropriate person(s) within the entity’s governance structure with whom to communicate.  (Ref: Para.  A1–A4 …

Communication with a Subgroup of Those Charged with Governance …

If the auditor communicates with a subgroup of those charged with governance, for example, an audit committee, or an individual, the auditor shall determine whether the auditor also needs to communicate with the governing body.  (Ref: Para.  A5–A7 …

When All of Those Charged with Governance Are Involved in Managing the Entity …

In some cases, all of those charged with governance are involved in managing the entity, for example, a small business where a single owner manages the entity and no one else has a governance role.  In these cases, if matters required by this Auditing …

The Auditor’s Responsibilities in Relation to the Financial Report Audit …

The auditor shall communicate with those charged with governance the responsibilities of the auditor in relation to the financial report audit, including that: The auditor is responsible for forming and expressing an opinion on the financial report that …