Appendix 1: Raw data of results

Q1. How satisfied were you with your external auditor's audit focus, approach and risk assessment?
Please indicate which type of entity you are an Audit Committee Chair of Frequency Percent Valid Percent Cumulative Percent
ASX 100 Valid 7 - High 11 32.4 32.4 32.4
6 17 50.0 50.0 82.4
5 4 11.8 11.8 94.1
4 - As expected 2 5.9 5.9 100.0
Total 34 100.0 100.0  
ASX 101-200 Valid 7 - High 5 15.6 15.6 15.6
6 21 65.6 65.6 81.3
5 5 15.6 15.6 96.9
4 - As expected 1 3.1 3.1 100.0
Total 32 100.0 100.0  
ASX 201-300 Valid 7 - High 5 22.7 22.7 22.7
6 9 40.9 40.9 63.6
5 5 13.6 13.6 77.3
4 - As expected 4 18.2 18.2 95.5
3 1 4.5 4.5 100.0
Total 22 100.0 100.0  
Other listed Valid 6 1 50.0 50.0 50.0
5 1 50.0 50.0 100.0
Total 100.0 100.0  
Other Valid 6 1 100.0 100.0 100.0

 

Q2. How satisfied were you that your external auditor has adopted an appropriate approach to quality management for your engagement?
Please indicate which type of entity you are an Audit Committee Chair of Frequency Percent Valid Percent Cumulative Percent
ASX 100 Valid 7 - High 11 32.4 32.4 32.4
6 16 47.1 47.1 79.4
5 5 14.7 14.7 94.1
4 - As expected 2 5.9 5.9 100.0
Total 34 100.0 100.0  
ASX 101-200 Valid 7 - High 6 18.8 18.8 18.8
6 19 59.4 59.4 78.1
5 5 15.6 15.6 93.8
4 - As expected 2 6.3 6.3 100.0
Total 32 100.0 100.0  
ASX 201-300 Valid 7 - High 4 18.2 18.2 18.2
6 8 36.4 36.4 54.5
5 5 22.7 22.7 77.3
4 - As expected 5 22.7 22.7 100.0
Total 22 100.0 100.0  
Other listed Valid 6 1 50.0 50.0 50.0
5 1 50.0 50.0 100.0
Total 2 100.0 100.0  
Other Valid 6 1 100.0 100.0 100.0

 

Q3. How satisfied were you with the way in which your external auditor demonstrated that they had adopted an appropriate mind-set and culture, and acted with appropriate professional scepticism?
Please indicate which type of entity you are an Audit Committee Chair of Frequency Percent Valid Percent Cumulative Percent
ASX 100 Valid 7 - High 14 41.2 41.2 41.2
6 13 38.2 38.2 79.4
5 3 8.8 8.8 88.2
4 - As expected 3 8.8 8.8 97.1
3 1 2.9 2.9 100.0
Total 34 100.0 100.0  
ASX 101-200 Valid 7 - High 8 25.0 25.0 25.0
6 15 46.9 46.9 71.9
5 9 28.1 28.1 100.0
Total 32 100.0 100.0  
ASX 201-300 Valid 7 - High 6 27.3 27.3 27.3
6 8 36.4 36.4 63.6
5 4 18.2 18.2 81.8
4 - As expected 3 13.6 13.6 95.5
2 1 4.5 4.5 100.0
Total 22 100.0 100.0  
Other listed Valid 6 2 100.0 100.0 100.0
Other Valid 6 1 100.0 100.0 100.0

 

Q4. To what degree did the external auditor exhibit independence and objectivity?
Please indicate which type of entity you are an Audit Committee Chair of Frequency Percent Valid Percent Cumulative Percent
ASX 100 Valid 7 - High 17 50.0 50.0 50.0
6 11 32.4 32.4 82.4
5 2 5.9 5.9 88.2
4 - As expected 4 11.8 11.8 100.0
Total 34 100.0 100.0  
ASX 101-200 Valid 7 - High 11 34.5 35.5 35.5
6 16 50.0 51.6 87.1
5 4 12.5 12.9 100.0
Total 31 96.9 100.0  
Missing System 1 3.1    
Total 32 100.0    
ASX 201-300 Valid 7 - High 6 27.3 28.6 28.6
6 3 13.6 14.3 42.9
5 7 31.8 33.3 76.2
4 - As expected 4 18.2 19.0 95.2
2 1 4.5 4.8 100.0
Total 21 95.5 100.0  
Missing System 1 4.5    
Total 22 100.0    
Other listed Valid 5 2 100.0 100.0 100.0
Other Valid 7 - High 1 100.0 100.0 100.0

 

Q5. How satisfied were you with the communication/ interaction between the external auditor and the Audit Committee?
Please indicate which type of entity you are an Audit Committee Chair of Frequency Percent Valid Percent Cumulative Percent
ASX 100 Valid 7 - High 13 38.2 38.2 38.2
6 14 41.2 41.2 79.4
5 6 17.6 17.6 97.1
4 - As expected 1 2.9 2.9 100.0
Total 34 100.0 100.0  
ASX 101-200 Valid 7 - High 9 28.1 28.1 28.1
6 17 53.1 53.1 81.3
5 5 15.6 15.6 96.9
4 - As expected 1 3.1 3.1 100.0
Total 32 100.0 100.0  
ASX 201-300 Valid 7 - High 5 22.7 22.7 22.7
6 11 50.0 50.0 72.7
5 3 13.6 13.6 86.4
4 - As expected 2 9.1 9.1 95.5
1 - Low 1 4.5 4.5 100.0
Total 22 100.0 100.0  
Other listed Valid 6 2 100.0 100.0 100.0
Other Valid 7 - High 1 100.0 100.0 100.0

 

Q6. How satisfied were you with the extent to which the external auditor demonstrated innovation in their audit approach and methodology used?
Please indicate which type of entity you are an Audit Committee Chair of Frequency Percent Valid Percent Cumulative Percent
ASX 100 Valid 7 - High 5 14.7 14.7 14.7
6 8 23.5 23.5 38.2
5 13 38.2 38.2 76.5
4 - As expected 7 20.6 20.6 97.1
3 1 2.9 2.9 100.0
Total 34 100.0 100.0  
ASX 101-200 Valid 7 - High 3 9.4 9.7 9.7
6 7 21.9 22.6 32.3
5 11 34.4 35.5 67.7
4 - As expected 9 28.1 29.0 96.8
3 1 3.1 3.2 100.0
Total 31 96.9 100.0  
Missing System 1 3.1    
Total 32 100.0 100.0  
ASX 201-300 Valid 7 - High 2 9.1 9.1 9.1
6 4 18.2 18.2 27.3
5 6 27.3 27.3 54.5
4 - As expected 7 31.8 31.8 86.4
3 2 9.1 9.1 95.5
2 1 4.5 4.5 100.0
Total 22 100.0 100.0  
Other listed Valid 6 1 50.0 50.0 50.0
5 1 50.0 50.0 100.0
Total 2 100.0 100.0  
Other Valid 6 1 100.0 100.0 100.0

 

Q7. Taking all aspects of their service into consideration, which of the following best describes your overall view of your external auditor?
  Frequency Percent Valid Percent Cumulative Percent
Valid Excellent 35 38.5 38.5 38.5
Above average 49 53.8 53.8 92.3
Average 6 6.6 6.6 98.9
Below average 1 1.1 1.1 100.0
Total 91 100.0 100.0