5.21 Revglow Ltd, a large proprietary company, was incorporated on 1 July 2019. A short time later, one of the non-shareholding directors, Fred Bile, approached his tax agent, Gina Rogers, to ask her to be Revglows auditor. Ms Rogers is a chartered accountant, but had not performed any audits and was hesitant about accepting the engagement. Mr Bile said the appointment would be only temporary until proper documentation could be prepared and the audit work put out to tender. Ms Rogers said she would accept this arrangement and Mr Bile prepared a letter confirming the appointment on 21 July 2019. At its first meeting on 1 September 2019, the board decided to confirm Ms Rogers as the auditor of Revglow for a period of 3 years. They were impressed with the recommendation given by Mr Bile and decided that requesting tenders would be a time-consuming and inefficient process. Required: Discuss whether the requirements of the Corporations Act have been followed in the above scenario. 6.12 What are the contents of an unmodified auditors report? Explain each section. 6.13 Explain what a Key Audit Matter is and under what circumstances it should be included in the auditors report?