Statement on Impact of Audit Qualifications now replaces prescribed forms and requires declaration or statement with annual results. Amendments require listed entities to file an annual audited financial results submission accompanied either by a Statement on Impact of Audit Qualifications for modified audit opinions or, for unmodified opinions, a declaration to that effect to the stock exchange(s). The new statement replaces Forms A and B, standardises format and submission across regulations, removes the Qualified Audit Report Review Committee, tasks recognised exchanges with reviewing the statement and audit report, and provides that management may explain qualifications and present estimates (or reasons if unquantifiable) for auditor review.