What the document covers
The direction explains reviewer criteria and responsibilities under practice monitoring. Review is a remedial oversight measure linked to the accountant's professional standards outcome.
Specific requirements and implications
The reviewer must be suitably qualified, independent and approved by ACRA before appointment. The PA should involve the reviewer throughout the audit rather than seek a last-minute file check. Discussion covers the adequacy of procedures, evidence and important judgments, especially high-risk matters. The reviewer acts as a mentor; the engagement partner remains solely responsible for the audit judgment and opinion despite the additional scrutiny.
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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