71Scope of audits

71 Scope of audits

71 Scope of audits

(1) In determining the scope of an audit, the auditor must consider the following—

(a) high risk areas of the audit subject’s functions,

(b) the administrative burden imposed on the audit subject by the audit,

(c) external control and assurance measures relevant to the audit subject including under the following—

(i) the Corporations Act 2001 of the Commonwealth,

(ii) the Government Sector Audit Act 1983,

(iii) the Public Governance, Performance and Accountability Act 2013 of the Commonwealth.

(2) In determining the scope of an audit, the auditor—

(a) must consult the following—

(i) the audit subject,

(ii) the appointor of the audit subject, and

(b) may consult the Auditor-General.

cl 71: Ins 2023 (601), Sch 1[2].