Corporate Law Research Papers Website, Centre for Corporate Law and Securities Regulation and the Faculty of Law at The University of Melbourne

INDEPENDENCE OF AUSTRALIAN
COMPANY AUDITORS

Review of Current Australian Requirements
and Proposals for Reform

Report to the Minister for Financial Services and Regulation

Ian Ramsay
Harold Ford Professor of Commercial Law and
Director of the Centre for Corporate Law and Securities Regulation
The University of Melbourne

October 2001

(This document is in Adobe Acrobat PDF format. If you are unable to view the document, please download and install a copy of Acrobat Reader)

Title, Contents and Abbreviations

Part 1: Introduction

Part 2: Summary of Recommendations

Part 3: Conducting the Inquiry

Part 4: Audit Independence

Part 5: Keeping Accounting Firms Independent of their Audit Clients

Part 6: Other Measures that Enhance Audit Independence

Part 7: Other Issues Considered During Review

Part 8: Review of Auditor Independence Studies

Appendices

A: Stakeholders Consulted During Review

B: Written Submissions

C: Recommendations of the Audit Review Working Party Dealing With Requirements for the Registration and Regulation of Company Auditors

D: Audit Committees - Recommendations

E: Australian Professional Statement F1 - Professional Independence

F: Australian Statement of Auditing Practice AUP 32 - Audit Independence

G: International Federation of Accountants' Exposure Draft on Independence

H: European Commission Consultative Paper on Audit Independence

I: United States Securities and Exchange Commission Rules on Audit Independence

Download entire document (as one file)