New South Wales Consolidated Acts

RURAL LANDS PROTECTION ACT 1998 - SECT 55C

55C Auditing of financial reports

(1) An authority’s auditor must audit the authority’s financial report as soon as practicable (having regard to the requirements of section 55D (2)) after the report is referred for audit.

(2) An authority’s financial report must be audited in accordance with the requirements of:

(a) the AUASB Standards and Pronouncements issued by the Auditing and Assurance Standards Board, as in force for the time being, subject to the regulations, and

(b) such other standards as may be prescribed by the regulations or adopted by the guidelines.

(3) The regulations may prescribe, and the guidelines may set out, matters that an auditor must consider and provide comment on in auditing an authority’s financial report.