Commonwealth Consolidated Acts

CORPORATIONS ACT 2001 - SECT 307

                   An auditor who conducts an audit of the financial report for a financial year or half-year must form an opinion about:

                     (a)  whether the financial report is in accordance with this Act, including:

                              (i)  section 296 or 304 (compliance with accounting standards); and

                             (ii)  section 297 or 305 (true and fair view); and

                    (aa)  if the financial report includes additional information under paragraph 295(3)(c) or 303(3)(c) (information included to give true and fair view of financial position and performance)--whether the inclusion of that additional information was necessary to give the true and fair view required by section 297 or 305; and

                     (b)  whether the auditor has been given all information, explanation and assistance necessary for the conduct of the audit; and

                     (c)  whether the company, registered scheme or disclosing entity has kept financial records sufficient to enable a financial report to be prepared and audited; and

                     (d)  whether the company, registered scheme or disclosing entity has kept other records and registers as required by this Act.