What the document covers
The reviewer supports improvements to audit work, but the accountant signing the report retains responsibility for the judgement and opinion. Supervision does not transfer that accountability.
Specific requirements and implications
Review should run from planning where practicable through completion, and finish before the report date. The PA seeks approval for the chosen reviewer within two weeks of the order. If the required engagement count cannot be achieved, ACRA must be informed at least one month before expiry with supporting evidence. Dormant-company audits cannot be used merely to fill the required number of reviews.
Official source
A concise, independent Apex Gateway guide based on the official English source, not a reproduction of the complete document. Consult the original for full conditions, exceptions and subsequent updates.
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