Auditor Liciensing

Question 1

To perform audits of _______________________________, the Auditor Regulation Act 2011 requires:
• auditors, including engagement partners and engagement quality control reviewers, to hold a license; and
• audit firms to be registered

Answer 1

Financial Markets Conduct (FMC) reporting entities

Question 2

To perform audits of Financial Markets Conduct (FMC) reporting entities, the _________________ requires:
• auditors, including engagement partners and engagement quality control reviewers, to hold a license; and
• audit firms to be registered

Answer 2

Auditor Regulation Act 2011

Question 3

To perform audits of Financial Markets Conduct (FMC) reporting entities, the Auditor Regulation Act 2011 requires:
• ________________, including engagement partners and engagement quality control reviewers, to hold a license; and
• audit firms to be registered

Answer 3

auditors

Question 4

To perform audits of Financial Markets Conduct (FMC) reporting entities, the Auditor Regulation Act 2011 requires:
• auditors, including _______________ and engagement quality control reviewers, to hold a license; and
• audit firms to be registered

Answer 4

engagement partners

Question 5

To perform audits of Financial Markets Conduct (FMC) reporting entities, the Auditor Regulation Act 2011 requires:
• auditors, including engagement partners and ______________, to hold a license; and
• audit firms to be registered

Answer 5

engagement quality control reviewers

Question 6

To perform audits of Financial Markets Conduct (FMC) reporting entities, the Auditor Regulation Act 2011 requires:
• auditors, including engagement partners and engagement quality control reviewers, to ____________; and
• audit firms to be registered

Answer 6

hold a license

Question 7

To perform audits of Financial Markets Conduct (FMC) reporting entities, the Auditor Regulation Act 2011 requires:
• auditors, including engagement partners and engagement quality control reviewers, to hold a license; and
• _______________________

Answer 7

• audit firms to be registered