Section 307AA — Corporations Act 2001 (Cth)

An auditor who conducts an audit of the sustainability report for a financial year must form an opinion about:

(a) whether the sustainability report is in accordance with this Act, including sections 296C (compliance with sustainability standards etc.) and 296D (climate statement disclosures); and

(b) whether the auditor has been given all information, explanation and assistance necessary for the conduct of the audit; and

(c) whether the entity that prepared the sustainability report has kept sustainability records sufficient to enable the sustainability report to be prepared and audited.

Note: This section applies to sub‑funds of retail CCIVs in a modified form: see section 1232G.

Related sections

• s 306 — Half‑year directors’ report
• s 307 — Audit of financial report
• s 307A — Audit of financial report to be conducted in accordance with auditing standards
• s 307AB — Audit of sustainability report to be conducted in accordance with auditing standards
• s 307B — Working papers for audit of financial or sustainability report to be retained for 7 years
• s 307C — Auditor’s independence declaration

Research how courts apply s 307AA

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