CONTENTS

COMPILATION DETAILS

AUTHORITY STATEMENT

CONFORMITY WITH INTERNATIONAL STANDARDS ON AUDITING

Paragraphs

Application......................................................Aus 0.1-Aus 0.2

Operative Date.........................................................Aus 0.3

Introduction

Scope of this Auditing Standard..................................................1

Types of Modified Opinions.....................................................2

Effective Date...............................................................3

Objective..................................................................4

Definitions.................................................................5

Requirements

Circumstances When a Modification to the Auditor’s Opinion is Required....................6

Determining the Type of Modification to the Auditor’s Opinion.........................7-15

Form and Content of the Auditor’s Report When the Opinion is Modified.................16-29

Communication with Those Charged with Governance.................................30

Application and Other Explanatory Material

Types of Modified Opinions....................................................A1

Circumstances When a Modification to the Auditor’s Opinion is Required..........A2-Aus A12.1

Determining the Type of Modification to the Auditor’s Opinion.....................A13-A16

Form and Content of the Auditor’s Report When the Opinion is Modified Illustrative Auditor’s Reports A17‑A19

Qualified Opinion..........................................................A20

Basis for Opinion................................................A21‑A26

Communication with Those Charged with Governance................................A27

Appendix: Illustrations of Auditor’s Reports with Modifications to the Opinion