Auditing Report of ADX Energy Limited

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Word count: 2500 words
Company name: ADX energy limited
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HI6026 Audit, Assurance, and Compliance
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Executive summary
In this report, the matters in relation to the auditing are considered and explained in the
context of ADX energy limited. All of the important aspects such as the independence of the
auditor and the non-audit services have been taken into account. The remuneration which is
paid to auditors is also taken into account and with that, the audit committee involved is
considered and is identified that it is not present. There is a determination of the opinion which
is provided by the auditor in respect of the financial statements of the company. The auditor’s
and management’s responsibilities are also identified and with that the importance of
information for the third parties is ascertained.
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Table of Contents
Introduction:.................................................................................................................................. 5
Compliance with Independence requirements..........................................................................6
Non-audit services and their nature..........................................................................................6
Analysis of Auditor’s remuneration...........................................................................................7
Key audit matters.......................................................................................................................8
The audit committee and its roles and responsibilities.............................................................8
Audit Opinion.............................................................................................................................9
Management and auditor Responsibilities..............................................................................10
Material subsequent events....................................................................................................10
The effectiveness of the material information reported..........................................................11
Missing or under-reported Material information....................................................................11
Follow-up questions for auditor.............................................................................................. 11
Conclusion:.................................................................................................................................. 13
References................................................................................................................................... 14
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