Annual Report 2022-23

      In connection with my audit of the financial report, my responsibility is to read the other        I communicate with the council regarding, among other matters, the planned scope and
      information and, in doing so, consider whether the other information is materially inconsistent    timing of the audit and significant audit findings, including any significant deficiencies in
      with the financial report and my knowledge obtained in the audit or otherwise appears to be        internal control that I identify during my audit.
      materially misstated.
      If, based on the work I have performed, I conclude that there is a material misstatement of
                                                                                                                                                                                          25 October 2023
      this information, I am required to report that fact. I have nothing to report in this regard.
      Responsibilities of the councillors for the current year financial sustainability
      statement                                                                                           Michael Claydon                                                        Queensland Audit Office
                                                                                                          as delegate of the Auditor-General                                                  Brisbane
      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.
      The councillors’ responsibility also includes such internal control as the councillors determine
      is necessary to enable the preparation and fair presentation of the statement that is
      accurately calculated and is free from material misstatement, whether due to fraud or error.
      Auditor’s responsibilities for the audit of the current year financial sustainability
      statement




                                                                                                                                                                                                            Noosa Council Annual Report 2022 - 2023
      My objectives are to obtain reasonable assurance about whether the current year financial
      sustainability statement as a whole is free from material misstatement, whether due to fraud
      or error, and to issue an auditor’s report that includes my opinion. Reasonable assurance is
      a high level of assurance, but is not a guarantee that an audit conducted in accordance with
      the Australian Auditing Standards will always detect a material misstatement when it exists.
      Misstatements can arise from fraud or error and are considered material if, individually or in
      the aggregate, they could reasonably be expected to influence the economic decisions of
      users taken on the basis of this statement.
      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.
      As part of an audit in accordance with the Australian Auditing Standards, I exercise
      professional judgement and maintain professional scepticism throughout the audit. I also:
      •     Identify and assess the risks of material misstatement of the statement, whether due to
            fraud or error, design and perform audit procedures responsive to those risks, and
            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
            than for one resulting from error, as fraud may involve collusion, forgery, intentional
            omissions, misrepresentations, or the override of internal control.
      •     Obtain an understanding of internal control relevant to the audit in order to design audit
            procedures that are appropriate in the circumstances, but not for the purpose of
            forming an opinion on the effectiveness of the council’s internal control.
      •     Evaluate the appropriateness of material accounting policy information used and the
            reasonableness of accounting estimates and related disclosures made by the council.
      •     Evaluate the overall presentation, structure and content of the statement, including the
            disclosures, and whether the statement represents the underlying transactions and
            events in a manner that achieves fair presentation.




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