New South Wales Consolidated Acts

RURAL LANDS PROTECTION ACT 1998 - SECT 55E

55E Auditor’s reports

(1) An authority’s auditor must prepare the following reports:

(a) a report on the general purpose financial report prepared in accordance with the AUASB Standards and Pronouncements issued by the Auditing and Assurance Standards Board, as in force for the time being, subject to the regulations,

(b) a report on the conduct of the audit.

(2) The report on the authority’s financial report must include:

(a) a statement as to whether, in the opinion of the auditor, the authority’s accounting records have been kept in accordance with the requirements imposed by or under this Act, and

(b) a statement as to whether, in the opinion of the auditor, the authority’s financial report:

(i) has been prepared in accordance with the requirements imposed by or under this Act, and

(ii) is consistent with the authority’s accounting records, and

(iii) presents fairly the authority’s financial position and the results of its operations, and

(c) a statement setting out particulars of any material deficiency in the accounting records or financial reports that has come to light in the course of the audit.

(3) The report on the conduct of the audit:

(a) must contain a statement as to whether, in the opinion of the auditor, any information relevant to the conduct of the audit has been unobtainable by the auditor, and

(b) may contain such statements, comments and recommendations as to the conduct of the audit of the authority’s financial report as the auditor considers appropriate to include in the report.

(4) As soon as practicable after completing the audit, the auditor must send a copy of the auditor’s reports to the State Council and to the authority.

(5) The authority must, within the period of 2 weeks after receiving the auditor’s reports, send a copy of the auditor’s reports, together with a copy of the authority’s audited financial report, to the State Council.