Noosa Council Annual Report 24/25

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      Noosa Council Annual Report 24/25

e Queensland Queensland @e@ Audit Office @@ Audit Office Better public services Better public services INDEPENDENT AUDITOR'S REPORT My opinion on the current year financial sustainability statement does not cover the other information and accordingly | do not express any form of assurance conclusion thereon. To the Councillors of Noosa Shire Council However, as required by the Local Government Regulation 2012, | have formed a separate opinion on the general-purpose financial report. Report on the Current-Year Financial Sustainability Statement In connection with my audit of the financial sustainability statement, my responsibility is to read the other information and, in doing so, consider whether the other information is Opinion materially inconsistent with the financial sustainability statement and my knowledge obtained | have audited the accompanying current year financial sustainability statement audited in the audit or otherwise appears to be materially misstated. ratios of Noosa Shire Council for the year ended 30 June 2025, comprising the statement, explanatory notes, and the certificate of accuracy given by the Mayor and the Chief If, based on the work | have performed, | conclude that there is a material misstatement of Executive Officer. this information, | am required to report that fact. | have nothing to report in this regard. In accordance with s.212 of the Local Government Regulation 2012, in my opinion, in all Responsibilities of the councillors for the current year financial sustainability statement material respects, the current year financial sustainability statement of Noosa Shire Council for the year ended 30 June 2025 has been accurately calculated. The councillors are responsible for the preparation and fair presentation of the current year financial sustainability statement in accordance with the Local Government Regulation 2012. Basis of opinion The councillors responsibility also includes such internal contro! as the councillors determine | conducted my audit in accordance with the Audilor-General Audiling Standards, which is necessary to enable the preparation and fair presentation of the statement that is incorporate the Australian Auditing Standards. My responsibilities under those standards are accurately calculated and is free from material misstatement, whether due to fraud or error. further described in the Auditor's responsibilities for the audit of the current year financial Auditor's responsibilities for the audit of the current year financial sustainability sustainability statement section of my report. statement | am independent of the council in accordance with the ethical requirements of the My objectives are to obtain reasonable assurance about whether the current year financial Accounting Professional and Ethical Standards Board APES 110 Code of Ethics for Professional! Accountants (the Code) that are relevant to my audit of the statement in sustainability statement as a whole is free from material misstatement, whether due to fraud zo Australia. | have also fulfilled my other ethical responsibilities in accordance with the Code or error, and to issue an auditor's report that includes my opinion. Reasonable assurance is oa a high level of assurance, but is not a guarantee that an audit conducted in accordance with and the Auditor-General Auditing Standards. the Australian Auditing Standards will always detect a material misstatement when it exists. | believe that the audit evidence | have obtained is sufficient and appropriate to provide a Misstatements can arise from fraud or error and are considered material if, individually or in basis for my opinion. the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of this statement. Emphasis of matter — basis of accounting | draw attention to Note 1 which describes the basis of accounting. The current year financial My responsibility does not extend to forming an opinion on the appropriateness or relevance of the reported ratios, nor on the council's future sustainability. sustainability statement has been prepared in accordance with the Financial Management (Sustainability) Guideline 2024 for the purpose of fulfilling the council's reporting As part of an audit in accordance with the Australian Auditing Standards, | exercise responsibilities under the Local Government Regulation 2012. As a result, the statement professional judgement and maintain professional scepticism throughout the audit. | also: may not be suitable for another purpose. My opinion is not modified in respect of this matter. . Identify and assess the risks of material misstatement of the statement, whether due to Other Information fraud or error, design and perform audit procedures responsive to those risks, and The councillors are responsible for the other information. obtain audit evidence that is sufficient and appropriate to provide a basis for my opinion, The risk of not detecting a material misstatement resulting from fraud is higher The other information comprises the information included in the entity's annual report for the year ended 30 June 2025, but does not include the financial sustainability statement and our than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. auditor's report thereon. Obtain an understanding of internal control relevant to the audit in order to design audit At the date of this auditor's report, the available other information in Noosa Shire Council's procedures thal are appropriate in the circumstances, but not for the purpose of annual report for the year ended 30 June 2025 was the general-purpose financial expressing an opinion on the effectiveness of the council's internal control. statements, current year financial sustainability statement - contextual ratios (unaudited), and the unaudited long term financial sustainability statement. Evaluate the appropriateness of material accounting policy information used and the reasonableness of accounting estimates and related disclosures made by the council. 192 193