A New Tax System (Family Assistance) (Administration) Act 1999

PART 8A - PROVIDER REQUIREMENTS AND OTHER MATTERS  

Division 4 - Requirements relating to large child care providers  

SECTION 203D   Report relating to an audit  

203D(1)    
An expert who audits a provider under section 203C must prepare and give to the Secretary a report about the affairs of the provider.

203D(2)    
The expert ' s report must deal with the following:


(a) whether the provider ' s financial statements are based on proper accounts and records;


(b) whether the financial statements are in agreement with the accounts and records and show fairly the financial transactions and the state of the provider;


(c) any matter specified by the expert ' s terms of engagement;


(d) such other matters arising out of the financial statements as the expert considers should be reported;


(e) any recommendations relating to maintaining or improving the financial viability of the provider that the expert considers desirable.




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