Rewrite this statement. According to Australian Auditing Standards, the management of the company is in charge of designing, implementing, and maintaining internal controls that are essential to the preparation and fair presentation of financial statements that are free from material misstatement, whether as a consequence of fraud or error. Our procedures involve checking the documentation supporting the figures and other disclosures in the financial statements on a test basis, as well as assessing the important accounting policies and estimations. These procedures have been taken to determine whether the financial statements are presented fairly and in compliance with accounting standards in all material respects in order to present a view that is compatible with our understanding of Red Earth's financial situation, operations, and cash flow