Commonwealth Consolidated Regulations Commonwealth Consolidated RegulationsFor paragraph 100(3)(b) of the Act, the trust account audit report must include a statement about the following matters:
(a) whether, in the opinion of the auditor, the licensee's trust accounts have been kept regularly and properly maintained;
(b) whether the auditor received all necessary records, information and explanations from the licensee;
(c) whether, in the opinion of the auditor, the licensee's trust accounts provide a true and fair view of the transactions recorded and the balance at the end of the relevant period;
(d) any other matter in relation to the trust accounts which should, in the opinion of the auditor, be communicated to ASIC.