Corporate Governance

Auditor Independence Policy

The Company has established an Audit Independence Policy which forms a part of the Audit & Financial Risk Committee Charter. Implicit in the policy are the principles that the roles of external auditor and other professional advisory roles should be mutually exclusive.

The Audit Independence Policy covers both the External Audit Policy and the Policy on non-audit services provided by the independent external auditors.

The External Audit Policy covers:

• appointment for the external auditor
• assessment of external auditor
• independence of the external auditor
• rotation of the external audit engagement partner

The Policy on non-audit services provided by the independent external auditors covers:

• role of the committee
• definition of non-audit services
• prohibited non-audit services
• monitoring and reporting of non-audit services

Download the  Toll Group Audit Independence Policy (PDF, 62KB)

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