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1) In an external financial statement audit: a) What organisation establishes audit standards in Australia? b) Who is responsible for ensuring that the GPFS are

1) In an external financial statement audit: a) What organisation establishes audit standards in Australia? b) Who is responsible for ensuring that the GPFS are True & Fair? c) Who is responsible for ensuring the integrity and effectiveness of the Internal Control system? d) What is the duty of the auditor? e) What is the overall objective of the audit? f) What is the overall objective of the audit working papers? g) What are the four types of opinion that the auditor might express? (Discuss each type of opinion)? h) What is the Emphasis of Matter Paragraph in an Auditor's Report?

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