35Auditing of financial statements

35 Auditing of financial statements

35 Auditing of financial statements

(1) As soon as practicable after the end of each financial year, the Trust must cause the financial statements for that year to be audited.

(2) The auditor’s report:

(a) must be prepared in accordance with the Australian Auditing Standards, and

(b) must state whether the Trust has kept such financial records as are necessary to enable financial statements to be prepared in accordance with the Australian Accounting Standards.

(3) The audited financial reports are to be made available for inspection by any member of the Church, at no cost.