PORTING/NON-CORPS ACT) PTY LTD
We have audited the accompanying financial report of [insert company name] Small (Non-
reporting/Non-Corps Act) Pty Ltd, which comprises the balance sheet as at 30 June 2014, the statement
of profit or loss for the year then ended, notes comprising a summary of significant accounting policies
and other explanatory information, and the directors' declaration.
Management's Responsibility for the Financial Report
Management is responsible for the preparation and fair presentation of the financial report in
accordance with the accounting policies described in Note 1 to the financial statements and for such
internal control as management determines is necessary to enable the preparation and fair presentation
of a financial report that is free from material misstatement, whether due to fraud or error.
Auditor's Responsibility
Our responsibility is to express an opinion on the financial report based on our audit. We conducted our
audit in accordance with Australian Auditing Standards. Those standards require that we comply with
relevant ethical requirements relating to audit engagements and plan and perform the audit to obtain
reasonable assurance about whether the financial report is free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in
the financial report. The procedures selected depend on the auditor's judgment, including the
assessment of the risks of material misstatement of the financial report, whether due to fraud or error. In
making those risk assessments, the auditor considers internal control relevant to the entity's preparation
and fair presentation of the financial report in order to design audit procedures that are appropriate in
the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's
internal control. An audit also includes evaluating the appropriateness of...
