The Corporations Act 2001 requires the auditor of a financial report to form an opinion about whether the:
A) auditor has been given all necessary information, explanation, and assistance.
B) financial report complies with accounting standards and presents a true and fair view.
C) entity has kept sufficient records for the financial report to be prepared and audited.
D) all of the above

Question

Quizplus · Accepted Answer

The Corporations Act 2001 mandates that the auditor must form an opinion on whether they have received all necessary information, if the financial report complies with accounting standards and presents a true and fair view, and if the entity has kept sufficient records for the preparation and audit of the financial report.

The Corporations Act 2001 Requires the Auditor of a Financial