Div 339Audit of financial reports

Division 339—Audit of financial reports Subdivision 339‑A—Introduction 339‑1 What this Division is about 339‑5 Application of Division 339‑10 When financial report required to comply with accounting standards 339‑15 When audit required to be conducted in accordance with auditing standards 339‑20 Lead and review auditors 339‑25 Professional members of the audit team Subdivision 339‑B—Conduct of the audit 339‑30 Auditor to form opinion 339‑35 Auditor obligations in relation to auditing standards 339‑40 Auditor’s report 339‑45 Other requirements in relation to auditor’s report 339‑50 Auditor’s independence declaration 339‑55 Audit working papers to be retained for 7 years Subdivision 339‑C—Qualification, experience and registration 339‑60 Qualification and experience: individual auditor 339‑65 Qualification and experience: audit firm 339‑70 Registration requirements for appointment of company as auditor Subdivision 339‑D—Auditor independence 339‑75 Independence of auditors: application of Corporations Act auditor independence provisions 339‑80 Independence of auditors: alternative independence requirements Subdivision 339‑E—Auditor’s powers and duties 339‑85 Auditor’s power to obtain information 339‑90 Reporting to the Registrar 339‑95 Assisting auditor Subdivision 339‑F—Appointment and removal of auditors 339‑100 Appointment and removal of auditors