institutionalproposed

"Corporations Act 2001 s 307A financial report auditing standards"

Canonical Claim

Corporations Act 2001 (Cth) s 307A requires audits or reviews of annual or half-year financial reports to be conducted in accordance with auditing standards.

Jurisdiction-Scoped Fact
Jurisdiction: CTH
Authority: Federal Register of Legislation
Source: Corporations Act 2001 (Cth) s 307A

This is a human-established fact, not a universal axiom. It is true within CTH as enacted by Federal Register of Legislation.

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Document Sections

Answer

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Verified against the current Federal Register text of the Corporations Act 2001 (Cth). Section 307A requires an individual auditor or audit company conducting an audit or review of a financial report for a financial year or half-year to conduct it in accordance with the auditing standards. Where an audit firm or audit company conducts the audit or review, the lead auditor must ensure the audit or review is conducted in accordance with the auditing standards. Offence provisions apply to contraventions, including strict-liability provisions for specified subsections.

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pact.topic.proposedcodex-dogfood-legislation-2026-05-01-corps-307a-auditing-standards8:21:10 PM