Queensland Consolidated Acts Queensland Consolidated Acts(1) The accountable officer of a department must--
(a) prepare general purpose financial statements for the financial year in accordance with the prescribed requirements; and
(b) give the statements to the auditor-general.
(2) Section 40AA states when the accountable officer must give the statements to the auditor-general.
(3) The accountable officer and the officer responsible for the financial administration of the department or the activity or fund to which the statements relate (the officers) must each certify on the statements whether, in their opinion--
(a) the prescribed requirements for establishing and keeping the accounts have been complied with in all material respects; and
(b) the statements have been drawn up to present a true and fair view, in accordance with prescribed accounting standards, of the transactions for the financial year to which they relate and of the financial position at the end of the year.
(4) The auditor-general must audit the general purpose financial statements and prepare a report about the financial statements.
(5) The report must state whether--
(a) the auditor-general has received all the information and explanations required by the auditor-general; and
(b) in the auditor-general's opinion--
(i) the prescribed requirements in respect of the establishment and keeping of accounts have been complied with in all material respects; and
(ii) the statements have been drawn up so as to present a true and fair view in accordance with prescribed accounting standards of the transactions for the financial year to which they relate and of the financial position as at the end of that year.
(5A) As soon as practicable after the officers have certified the statements and the auditor-general has prepared the report about the statements, the auditor-general must give--
(a) the certified statements and the auditor-general's report to the accountable officer of the department; and
(b) a copy of the certified statements and the report to the appropriate Minister and the Treasurer.
(6) The general purpose financial statements prepared under subsection (1) must include consolidated financial statements for the department and its controlled entities if the financial management standards or prescribed accounting standards require that they be included.
(7) If subsection (6) applies to the department, the certificate under subsection (3), and the report under subsection (5), must relate to the consolidated financial statements.