Find a copy of a recent audit report and a review report for an Australian company listed
Question:
Find a copy of a recent audit report and a review report for an Australian company listed on the ASX.
Required
(a) Explain the relevance of the paragraphs ‘Directors’ responsibility for the financial report’ and ‘Auditor’s responsibility’ in the audit report to the audit expectation gap.
(b) Find the lines in the audit report that express the auditor’s opinion. What sort of opinion is it?
(c) Find the lines in the review report that express the auditor’s conclusion. Is it an audit opinion? Is it a positive or negative statement?
(d) Make a list of the other differences between the audit report and the review report.
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Related Book For
Auditing A Practical Approach
ISBN: 9780730364573
3rd Edition
Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton
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