An Aboriginal and Torres Strait Islander corporation may be required to have its financial report for a financial year audited (see subsections   333 - 15(1), 336 - 1(7) and 336 - 5(7)).

This Division deals with the conduct of the audit of the financial report and the preparation of the auditor's report in relation to the financial report.

The auditor's report must cover the matters set out in section   339 - 40.

Auditors are required to be independent of the corporations that they are auditing (see Subdivision   339 - D). Auditors also have certain powers and duties (see Subdivision   339 - E).