Australian Charities and Not-for-profits Commission Act 2012 (Cwth)

CHAPTER 3 - RESPONSIBILITIES OF REGISTERED ENTITIES  

PART 3-2 - RECORD KEEPING AND REPORTING  

Division 60 - Reporting  

Subdivision 60-C - Annual financial reports  

SECTION 60-45   AUDITOR ' S REPORT ON ANNUAL FINANCIAL REPORT  

60-45(1)    
An auditor ' s report must contain a statement from the auditor as to whether, in the auditor ' s opinion, the financial report has been prepared in accordance with this Division. If the auditor is not of that opinion, the auditor ' s report must say why.

60-45(2)    
If the auditor is of the opinion that the financial report has not been prepared in accordance with this Division, the auditor ' s report must, to the extent it is practicable to do so, quantify the effect that non-compliance has on the financial report. If it is not practicable to quantify the effect fully, the auditor ' s report must say why.

60-45(3)    
The auditor ' s report must describe:

(a)    any material defect or irregularity in the financial report; and

(b)    any deficiency, failure or shortcoming in respect of the matters mentioned in paragraph 60-30(3)(b) , (c) or (d) .

60-45(4)    
The auditor ' s report must include any statements or disclosures required by the auditing standards.