Appendix 4: Agencies not Audited relating to the year ended 30 June 2015 Section 13(3) of the Audit Act permits the Auditor-General to dispense with an audit of an Agency. For activities relating to the financial year ended 30 June 2015, no audits were, or are intended to be, conducted at the following Agencies: Department of Arts and Museums; Department of Primary Industry and Fisheries; Office; Ombudsman’s Parks and Wildlife Commission of the Northern Territory; and Tourism NT. The increasingly stringent requirements of Australian Accounting Standards, and Auditing and Assurance Standards has required that audit effort be directed towards financial audits of those Agencies that are deemed to represent greater materiality and greater risk. It is proposed that each of the listed Agencies will be included in audit coverage at least once every two years. The annual financial statements of the Office of the Auditor-General are subject to independent audit in accordance with section 27 of the Audit Act. The audit of the financial statements is scheduled to commence in late August 2015.
Appendix 4: Agencies not Audited relating to the year ended 30 June 2015 Section 13(3) of the Audit Act permits the Auditor-General to dispense with an audit of an Agency. For activities relating to the financial year ended 30 June 2015, no audits were, or are intended to be, conducted at the following Agencies: Department of Arts and Museums; Department of Primary Industry and Fisheries; Ombudsman’s Office; Parks and Wildlife Commission of the Northern Territory; and Tourism NT. The increasingly stringent requirements of Australian Accounting Standards, and Auditing and Assurance Standards has required that audit effort be directed towards financial audits of those Agencies that are deemed to represent greater materiality and greater risk. It is proposed that each of the listed Agencies will be included in audit coverage at least once every two years. The annual financial statements of the Office of the Auditor-General are subject to independent audit in accordance with section 27 of the Audit Act. The audit of the financial statements is scheduled to commence in late August 2015.
2015_August.docx