Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) As soon as practicable after financial statements are prepared in accordance with subsection 43(1), the statements must be given to the Auditor - General.
(2) As soon as practicable after receiving the financial statements, the Auditor - General must examine the statements and report in accordance with this section to the Minister.
(3) In the report, the Auditor - General must state whether, in the Auditor - General's opinion, the financial statements:
(a) have been prepared in accordance with guidelines in force under subsection 43(3); and
(b) give a true and fair view of the matters required by those guidelines.
If the Auditor - General is not of that opinion, the Auditor - General must state the reasons.
(4) If the Auditor - General is of the opinion that failing to prepare the financial statements in accordance with the guidelines has a quantifiable financial effect, the Auditor - General must quantify that financial effect and state the amount.
(5) If the Auditor - General is of the opinion that the Secretary of a Department has contravened an obligation relating to the keeping of accounts or records, the Auditor - General must state particulars of the contravention.
(6) If the Auditor - General is of the opinion that the Auditor - General did not obtain all necessary information and explanations, the Auditor - General must state particulars of the shortcoming.
(7) Instead of preparing a single report, the Auditor - General may prepare an initial report and one or more later supplementary reports.