42Audits and opinions on financial statements and related information as to Tasmanian Audit Office

42 Audits and opinions on financial statements and related information as to Tasmanian Audit Office

(1)  The independent auditor is to audit the financial statements and other information submitted by the Auditor-General under section 17(3) .

(2)  The independent auditor is to prepare and sign an opinion on an audit carried out under subsection (1) in accordance with requirements determined by the Australian Auditing and Assurance Standards.

(3)  The independent auditor of the financial statements of the Tasmanian Audit Office must finalise his or her audit opinion within 45 days of receiving the financial statements from the Auditor-General.

(4)  The independent auditor is to provide the opinion prepared and signed under subsection (2) , and any formal communication of audit findings that is required to be prepared in accordance with the Australian Auditing and Assurance Standards, to the Auditor-General and to the Treasurer.

(5)  The Auditor-General is to append to the annual report of the Tasmanian Audit Office a copy of the opinion referred to in subsection (2) issued by the independent auditor on the completion of the audit of the financial statements referred to in section 17(3) .