sec.39Audit of consolidated fund accounts

sec.39 Audit of consolidated fund accounts

In auditing the consolidated fund accounts, the auditor-general must decide whether or not, in the auditor-general’s opinion— proper accounts were properly kept as required by law; and procedures applied were in accordance with the prescribed requirements and were adequate to ensure— proper control and safeguards were exercised over the collection, custody, banking, withdrawal, payment of, and accounting for, public moneys; and public moneys were appropriately entered in the consolidated fund accounts as received in, or paid out of, the Treasurer’s consolidated fund bank account; and withdrawals from the Treasurer’s consolidated fund bank account were made for lawful and appropriate purposes; and proper safeguards were followed to prevent fraud and mistake; and the requirements of the law relating to public moneys were complied with in all material respects; and the consolidated fund financial report for a financial year under the Financial Accountability Act 2009 , section 23 — is in agreement with the consolidated fund accounts for the financial year; and has been properly drawn up to give a true and fair view of the transactions in relation to the consolidated fund accounts for the financial year and the position of the consolidated fund at the end of the financial year.

• (a) proper accounts were properly kept as required by law; and
• (b) procedures applied were in accordance with the prescribed requirements and were adequate to ensure— (i) proper control and safeguards were exercised over the collection, custody, banking, withdrawal, payment of, and accounting for, public moneys; and (ii) public moneys were appropriately entered in the consolidated fund accounts as received in, or paid out of, the Treasurer’s consolidated fund bank account; and (iii) withdrawals from the Treasurer’s consolidated fund bank account were made for lawful and appropriate purposes; and (iv) proper safeguards were followed to prevent fraud and mistake; and (v) the requirements of the law relating to public moneys were complied with in all material respects; and
• (i) proper control and safeguards were exercised over the collection, custody, banking, withdrawal, payment of, and accounting for, public moneys; and
• (ii) public moneys were appropriately entered in the consolidated fund accounts as received in, or paid out of, the Treasurer’s consolidated fund bank account; and
• (iii) withdrawals from the Treasurer’s consolidated fund bank account were made for lawful and appropriate purposes; and
• (iv) proper safeguards were followed to prevent fraud and mistake; and
• (v) the requirements of the law relating to public moneys were complied with in all material respects; and
• (c) the consolidated fund financial report for a financial year under the Financial Accountability Act 2009 , section 23 — (i) is in agreement with the consolidated fund accounts for the financial year; and (ii) has been properly drawn up to give a true and fair view of the transactions in relation to the consolidated fund accounts for the financial year and the position of the consolidated fund at the end of the financial year.