sec.39Auditor

sec.39 Auditor

The financial statements must be audited by 1 of the following decided by the responsible Ministers— a public sector auditor; an appropriately qualified person other than a public sector auditor. For the purposes of subsection (1) (a) , the responsible Ministers may arrange with an Auditor-General for the Auditor-General to appoint or engage a contract auditor to perform the audit under the Auditor-General’s management. Subsection (2) does not limit subsection (1) (a) . In this section— appropriately qualified person means— a member of CPA Australia who is entitled to use the letters ‘CPA’ or ‘FCPA’ and holds a current public practice certificate issued by CPA Australia; or a member of the Institute of Chartered Accountants in Australia who is entitled to use the letters ‘CA’ or ‘FCA’ and holds a current certificate of public practice issued by the institute; or a member of the Institute of Public Accountants who is entitled to use the letters ‘MIPA’ or ‘FIPA’ and holds a professional practice certificate issued by the institute. contract auditor means a person appointed or engaged by an Auditor-General as a contract auditor who is not a member of the staff of the office managed by the Auditor-General. (sec.39-ssec.1) The financial statements must be audited by 1 of the following decided by the responsible Ministers— a public sector auditor; an appropriately qualified person other than a public sector auditor. (sec.39-ssec.2) For the purposes of subsection (1) (a) , the responsible Ministers may arrange with an Auditor-General for the Auditor-General to appoint or engage a contract auditor to perform the audit under the Auditor-General’s management. (sec.39-ssec.3) Subsection (2) does not limit subsection (1) (a) . (sec.39-ssec.4) In this section— appropriately qualified person means— a member of CPA Australia who is entitled to use the letters ‘CPA’ or ‘FCPA’ and holds a current public practice certificate issued by CPA Australia; or a member of the Institute of Chartered Accountants in Australia who is entitled to use the letters ‘CA’ or ‘FCA’ and holds a current certificate of public practice issued by the institute; or a member of the Institute of Public Accountants who is entitled to use the letters ‘MIPA’ or ‘FIPA’ and holds a professional practice certificate issued by the institute. contract auditor means a person appointed or engaged by an Auditor-General as a contract auditor who is not a member of the staff of the office managed by the Auditor-General.

• (a) a public sector auditor;
• (b) an appropriately qualified person other than a public sector auditor.
• (a) a member of CPA Australia who is entitled to use the letters ‘CPA’ or ‘FCPA’ and holds a current public practice certificate issued by CPA Australia; or
• (b) a member of the Institute of Chartered Accountants in Australia who is entitled to use the letters ‘CA’ or ‘FCA’ and holds a current certificate of public practice issued by the institute; or