sec.58Reports on auditing standards

sec.58 Reports on auditing standards

The auditor-general must prepare a report to the Legislative Assembly— setting out the general standards the auditor-general applies, or proposes to apply, to— the conduct of audits; and the selection, engagement, and quality control of the work of contract auditors; and a decision whether an audit of a public sector entity for a financial year is small in size and of low risk; and stating the extent to which the standards are in accordance with auditing standards made by relevant professional or statutory bodies. If the auditor-general later makes a significant change to, or replaces, the general standards, the auditor-general must, as soon as practicable after making the change or replacement, prepare a report to the Legislative Assembly stating— the nature of the change or replacement; and the extent to which the changed or replaced standards are in accordance with auditing standards made by relevant professional or statutory bodies. A report to the Legislative Assembly prepared by the auditor-general on the conduct of an audit must refer to any occasion of significance on which the general standards were not applied. The auditor-general must arrange for copies of the report under subsection (1) , and each report under subsection (2) , to be made accessible to the public free of charge on the Queensland Audit Office website. s 58 amd 2011 No. 24 s 25 (sec.58-ssec.1) The auditor-general must prepare a report to the Legislative Assembly— setting out the general standards the auditor-general applies, or proposes to apply, to— the conduct of audits; and the selection, engagement, and quality control of the work of contract auditors; and a decision whether an audit of a public sector entity for a financial year is small in size and of low risk; and stating the extent to which the standards are in accordance with auditing standards made by relevant professional or statutory bodies. (sec.58-ssec.2) If the auditor-general later makes a significant change to, or replaces, the general standards, the auditor-general must, as soon as practicable after making the change or replacement, prepare a report to the Legislative Assembly stating— the nature of the change or replacement; and the extent to which the changed or replaced standards are in accordance with auditing standards made by relevant professional or statutory bodies. (sec.58-ssec.3) A report to the Legislative Assembly prepared by the auditor-general on the conduct of an audit must refer to any occasion of significance on which the general standards were not applied. (sec.58-ssec.4) The auditor-general must arrange for copies of the report under subsection (1) , and each report under subsection (2) , to be made accessible to the public free of charge on the Queensland Audit Office website.

• (a) setting out the general standards the auditor-general applies, or proposes to apply, to— (i) the conduct of audits; and (ii) the selection, engagement, and quality control of the work of contract auditors; and (iii) a decision whether an audit of a public sector entity for a financial year is small in size and of low risk; and