35Inspection, examination and audit of accounts and records of auditable entities

#### 35 Inspection, examination and audit of accounts and records of auditable entities 35 Inspection, examination and audit of accounts and records of auditable entities > > (1) The Auditor-General may appoint, in writing, a person (whether or not a government officer) or a firm to be an auditor for the purposes of this Act. > > > (2) The Auditor-General may inspect, examine and audit (or cause an auditor to inspect, examine and audit) the accounts and records of an auditable entity for the purpose of— > > > > > (a) determining whether they properly record and explain the entity’s transactions, cash flows, financial position and financial performance, or > > > > > (b) auditing or providing audit-related services in connection with the entity’s financial statements or financial reports. > > > (3) The Auditor-General may exercise functions under subsection (2) whenever the Auditor-General thinks fit, but must do so if required by the Treasurer. > > > (4) An auditor who has conducted an inspection, examination and audit under this section must, as soon as practicable after doing so, prepare and sign a report and forward it to the Auditor-General. > > > (5) The Auditor-General (or, if authorised by the Auditor-General, the Deputy Auditor-General or an auditor) must, as soon as practicable after an inspection, examination and audit is conducted under this section, forward a report of the results of it— > > > > > (a) for a report on a GSF agency or on a university or its controlled entity— > > > > > > > (i) to the accountable authority for the agency, and > > > > > > > (ii) to the Treasurer, and > > > > > > > (iii) to the responsible Minister for the agency, or > > > > > (b) for a report on any other auditable entity—to the accountable authority for the agency and the Treasurer. > > > (6) The Auditor-General may require an auditable entity to pay to the Auditor-General (and the auditable entity must pay) such amounts, at such times, as the Treasurer decides towards defraying the costs and expenses of any inspection, examination or audit and report under this section. > > **s 35:** Am 1987 No 35, Sch 1 (4); 2001 No 90, Sch 1 \[3\]; 2005 No 98, Sch 1.17 \[9\] \[10\]. Subst 2018 No 70, Sch 2\[8\].