This article discusses Key Audit Matters (KAM) in Australian companies and includes a summary table of the five different KAMs of different ASX listed companies. It explains the definition of KAM, the three major requirements for auditors to consider while determining KAM, and the importance of proper communication of KAMs in the auditor’s report. The article also provides examples of KAMs reported in different Australian companies for 2017 to 2018. The document type is an email and the type of assignment is not mentioned.