Kingsgate Consolidated
 
 
Kingsgate Consolidated Limited
ABN 42 000 837 472
Suite 801, Level 8
14 Martin Place
Sydney NSW 2000
Tel +61 2 8256 4800
Fax +61 2 8256 4810
Email: info@kingsgate.com.au

Non-audit services
The Group may decide to employ the auditor on assignments additional to their statutory audit duties where the auditor’s expertise and experience with the Company and/or the Group are important.

Details of the amounts paid or payable to the auditor (PricewaterhouseCoopers) for the audit and non-audit services provided during the year are set out below.

The Board of Directors has considered the position and, in accordance with advice received from the Audit Committee, is satisfied that the provision of the non-audit services is compatible with the general standard of independence for auditors imposed by the Corporations Act 2001. The Directors are satisfied that the provision of non-audit services by the auditor, as set out below, did not compromise the auditor independence requirements of the Corporations Act 2001 for the following reasons:

  • All non-audit services have been reviewed by the Audit Committee to ensure they do not impact the impartiality and objectivity of the auditor
  • None of the services undermine the general principles relating to auditor independence as set out in APES 110 Code of Ethics for Professional Statement F1, including reviewing or auditing the auditor’s own work, acting in a management or decision-making capacity for the Group, acting as advocate for the Group or jointly sharing economic risk and rewards

During the year the following fees were paid or payable for services provided by the auditor of the parent entity, its related practices and non-related audit firms:

     
 
Kingsgate Consolidated Limited - Annual Report 2007