Summarise the main points the charter including the structure

Auditing Approach of Ernst & Young at Xero Ltd

Research Assessment: 

• Role, functions and composition of the Audit Committee

• Independent Auditors report to the members (shareholders)

Required: 

• Provide an analysis of the Auditor’s remuneration in a table with prior year comparisons. Include percentage changes and explanations of the remuneration.

• In relation to the key audit matters, which audit procedures were performed to provide assurance over each matter?

• Were there any material subsequent events? If so, briefly outline them and paraphrase and summarise how they were treated.

• As an interested third party stakeholder, make an assessment of the effectiveness of the material information reported by the Auditor in your conclusion.