Commonwealth Consolidated Acts Commonwealth Consolidated ActsAn 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
(ii) section 297 or 305 (true and fair view); 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.
Note: This section applies to sub - funds of retail CCIVs in a modified form: see section 1232G.