Corporations Act 2001
CCH Note: Division 3 is modified by the ASIC Corporations (Externally-Administered Bodies) Instrument 2015/251.
Note: This Division applies to sub-funds of retail CCIVs in a modified form: see section 1232G .
View history note
Hide history noteCCH Note: Section 307 is modified by the ASIC Corporations (Externally-Administered Bodies) Instrument 2015/251.
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
(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, registrable superannuation entity 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, registrable superannuation entity or disclosing entity has kept other records and registers as required by this Act.
(ii) section 297 or 305 (true and fair view); and
Note: This section applies to sub-funds of retail CCIVs in a modified form: see section 1232G .
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