CORPORATIONS ACT 2001 - SECT 324AF Meaning of lead auditor and review auditor
CORPORATIONS ACT 2001 - SECT 324AF
Meaning of lead auditor and review auditor(1) If an audit firm or audit company conducts an audit of a company, registered scheme or registrable superannuation entity, the lead auditor for the audit is the registered company auditor who is primarily responsible to the audit firm or the audit company for the conduct of the audit.
(2) If an individual auditor, audit firm or audit company
conducts an audit of a company, registered scheme or
registrable superannuation entity, the review auditor for the audit is the
registered company auditor (if any) who is primarily responsible to the
individual auditor, the audit firm or the audit company for reviewing the
conduct of the audit.