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Controls

Reporting to those charged with

governance

‘Those charged with governance’ includes the directors of a company and the
members of its Audit Committee where one exists.

Matters to be communicated to those charged with governance include:

 The responsibilities of the auditor in relation to the financial statements audit.

 An overview of the planned scope and timing of the audit.

 Significant findings of the audit.

 For listed clients, matters that have a bearing on auditor independence and the
safeguards that have been put in place to eliminate them.

Communication shall be in any appropriate form, although the matters that must be
communicated with regards to independence for listed clients must be communicated
in writing.

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