Audit Engagement Letter Template – Australia

Notice

The information provided is intended solely as a general example for service engagement documentation related to professional auditing agreements in Australia. It does not constitute legal advice and should not be relied upon as a substitute for consulting a qualified legal professional experienced in Australian corporate and audit law. Regulations and requirements may vary depending on the jurisdiction, and modifications may be necessary to ensure compliance with local rules. The use of this example is entirely at the user’s own risk, and we accept no liability for any errors, omissions, or consequences resulting from its use without professional legal review.

Please note: This is a sample template for an Audit Engagement Letter in Australia, provided for illustrative use only. Actual terms should be tailored to specific engagements and compliance requirements.

Audit Engagement Letter Sample – Australia

Parties Involved:

Auditor: XYZ Chartered Accountants Pty Ltd
Address: 123 Business Road, Sydney NSW 2000

Client: ABC Pty Ltd
Address: 456 Corporate Drive, Sydney NSW 2001

Scope of Work:

The auditor agrees to perform an independent audit of the financial statements of the client for the fiscal year ending 30 June 2024, in accordance with Australian Auditing Standards.

Terms & Conditions:

The client shall provide all necessary documents and access required for the audit. The auditor’s report will be issued within 60 days of completion, subject to timely receipt of information.

Auditor Responsibilities:

The auditor shall conduct the audit with due professional care, adhering to relevant Australian standards, and will communicate findings in a report to the client.

Governing Law:

This engagement shall be governed by the laws of New South Wales, Australia. Disputes shall be resolved within the courts of Sydney.

Additional Provisions:

• The client agrees to provide accurate and complete information necessary for the audit.
• This engagement letter may only be amended in writing signed by both parties.
• The auditor will maintain confidentiality of all client information unless legally obliged to disclose.

Sydney, ______________________