National Greenhouse and Energy Reporting (Audit) Determination 2009
4.1Overview of Part
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4.1 Overview of Part
(1) The following is an overview of this Part.
(2) This Part provides for the requirements relating to verification engagements.
(3) There are 3 steps in carrying out a verification engagement:
(a) preparing for the engagement (see Division 4.2);
(b) planning and performing the engagement (see Division 4.3);
(c) reporting on the engagement (see Division 4.4).
(4) In a verification engagement, the audit team leader is verifying the matter being audited. The audit team leader will perform procedures agreed to
in the verification engagement terms in carrying out the verification engagement.
(5) The audit team leader prepares for the verification engagement by preparing the verification engagement terms.
(6) A verification engagement needs to be planned so that it is carried out efficiently, effectively and in compliance with the verification engagement terms mentioned in section 4.2, the Regulations and this Determination.
(7) At the end of the verification engagement, the audit team leader must:
(a) verify the matter being audited, if appropriate; and
(b) provide a report about the procedures performed during the verification engagement and the factual findings arising from the performance of the procedures.