sec.212Auditing of financial statements by auditor-general

### sec.212 Auditing of financial statements by auditor-general A local government’s general purpose financial statement and current-year financial sustainability statement for a financial year must be given to the auditor-general for auditing. Also, a local government’s long-term financial sustainability statement for the financial year must be given to the auditor-general for information. The financial statements mentioned in subsections (1) and (2) must be given to the auditor-general by a date agreed between the chief executive officer and the auditor-general. The date agreed under subsection (3) must allow the audit of the financial statements, and the auditor-general’s audit report about the statements, to be completed no later than 4 months after the end of the financial year to which the statements relate. The financial statements given to the auditor-general must be accompanied by a certificate in the approved form given by the mayor and chief executive officer, certifying whether, in their opinion— in relation to the general purpose financial statement— any requirements prescribed under the Act or another Act for establishing and keeping the local government’s accounts have been complied with in all material respects; and the statement presents a true and fair view, in compliance with the prescribed accounting standards, of the local government’s transactions for the financial year and financial position at the end of the year; and in relation to the current-year financial sustainability statement and the long-term financial sustainability statement—the statements have been accurately calculated. Subsection (7) applies if the Minister considers there are extraordinary circumstances that make it impractical for a local government to give the auditor-general its financial statements by a date that would allow the audit and report to be completed within the time stated in subsection (4) . The Minister may, by notice to the local government, decide later dates by which the statements must be given and the audit and report must be completed. (sec.212-ssec.1) A local government’s general purpose financial statement and current-year financial sustainability statement for a financial year must be given to the auditor-general for auditing. (sec.212-ssec.2) Also, a local government’s long-term financial sustainability statement for the financial year must be given to the auditor-general for information. (sec.212-ssec.3) The financial statements mentioned in subsections (1) and (2) must be given to the auditor-general by a date agreed between the chief executive officer and the auditor-general. (sec.212-ssec.4) The date agreed under subsection (3) must allow the audit of the financial statements, and the auditor-general’s audit report about the statements, to be completed no later than 4 months after the end of the financial year to which the statements relate. (sec.212-ssec.5) The financial statements given to the auditor-general must be accompanied by a certificate in the approved form given by the mayor and chief executive officer, certifying whether, in their opinion— in relation to the general purpose financial statement— any requirements prescribed under the Act or another Act for establishing and keeping the local government’s accounts have been complied with in all material respects; and the statement presents a true and fair view, in compliance with the prescribed accounting standards, of the local government’s transactions for the financial year and financial position at the end of the year; and in relation to the current-year financial sustainability statement and the long-term financial sustainability statement—the statements have been accurately calculated. (sec.212-ssec.6) Subsection (7) applies if the Minister considers there are extraordinary circumstances that make it impractical for a local government to give the auditor-general its financial statements by a date that would allow the audit and report to be completed within the time stated in subsection (4) . (sec.212-ssec.7) The Minister may, by notice to the local government, decide later dates by which the statements must be given and the audit and report must be completed. - (a) in relation to the general purpose financial statement— (i) any requirements prescribed under the Act or another Act for establishing and keeping the local government’s accounts have been complied with in all material respects; and (ii) the statement presents a true and fair view, in compliance with the prescribed accounting standards, of the local government’s transactions for the financial year and financial position at the end of the year; and - (i) any requirements prescribed under the Act or another Act for establishing and keeping the local government’s accounts have been complied with in all material respects; and - (ii) the statement presents a true and fair view, in compliance with the prescribed accounting standards, of the local government’s transactions for the financial year and financial position at the end of the year; and - (b) in relation to the current-year financial sustainability statement and the long-term financial sustainability statement—the statements have been accurately calculated. - (i) any requirements prescribed under the Act or another Act for establishing and keeping the local government’s accounts have been complied with in all material respects; and - (ii) the statement presents a true and fair view, in compliance with the prescribed accounting standards, of the local government’s transactions for the financial year and financial position at the end of the year; and