Commonwealth Consolidated Acts

FINANCIAL MANAGEMENT AND ACCOUNTABILITY ACT 1997 - SECT 57

             (1)  As soon as practicable after receiving financial statements under subsection 49(1) for an Agency, the Auditor‑General must examine the statements and report in accordance with this section to the Minister responsible for the Agency.

             (2)  In the report, the Auditor‑General must state whether, in the Auditor‑General's opinion, the financial statements:

                     (a)  have been prepared in accordance with the Finance Minister's Orders; and

                     (b)  give a true and fair view of the matters required by those Orders.

If the Auditor‑General is not of that opinion, the Auditor‑General must state the reasons.

             (3)  If the Auditor‑General is of the opinion that failing to prepare the financial statements in accordance with the Finance Minister's Orders has a quantifiable financial effect, the Auditor‑General must quantify that financial effect and state the amount.

             (4)  If the Auditor‑General is of the opinion that the Chief Executive has contravened section 48, the Auditor‑General must state particulars of the contravention.

             (5)  If the Auditor‑General is of the opinion that the Auditor‑General did not obtain all necessary information and explanations, the Auditor‑General must state particulars of the shortcomings.

             (6)  Instead of preparing a single report, the Auditor‑General may prepare an initial report and one or more later supplementary reports.

             (7)  A copy of the financial statements and the Auditor‑General's report or reports must be included in the Agency's annual report that is tabled in the Parliament.