2016-11-08 S&O Agenda - Item 3, Attachment 1 - Local Economic Plan

                             INDEPENDENT AUDITOR'S REPORT


To the Mayor of Noosa Shire Council


Report on the Financial Report

I have audited the accompanying financial report of Noosa Shire Council, which comprises the
statement of financial position as at 30 June 2016, the statement of comprehensive income,
statement of changes in equity and statement of cash flows for the year then ended, notes
comprising a summary of significant accounting policies and other explanatory information,
and certificates given by the Mayor and Chief Executive Officer.

The Council's Responsibility for the Financial Report

The Council is responsible for the preparation of the financial report that gives a true and fair
view in accordance with prescribed accounting requirements identified in the Local
Government Act 2009 and Local Government Regulation 2012, including compliance with
Australian Accounting Standards. The Council's responsibility also includes such internal
control as the Council determines is necessary to enable the preparation of the financial report
that gives a true and fair view and is free from material misstatement, whether due to fraud or
error.

Auditor's Responsibility

My responsibility is to express an opinion on the financial report based on the audit. The audit
was conducted in accordance with the Auditor-General of Queensland Auditing Standards,
which incorporate the Australian Auditing Standards. Those standards require compliance
with relevant ethical requirements relating to audit engagements and that the audit is planned
and performed to obtain reasonable assurance about whether the financial report is free from
material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and
disclosures in the financial report. The procedures selected depend on the auditor's
judgement, including the assessment of the risks of material misstatement of the financial
report, whether due to fraud or error. In making those risk assessments, the auditor considers
internal control relevant to the entity's preparation of the financial report that gives a true and
fair view in order to design audit procedures that are appropriate in the circumstances, but not
for the purpose of expressing an opinion on the effectiveness of the entity's internal control,
other than in expressing an opinion on compliance with prescribed requirements. An audit
also includes evaluating the appropriateness of accounting policies used and the
reasonableness of accounting estimates made by the Council, as well as evaluating the overall
presentation of the financial report.

I believe that the audit evidence obtained is sufficient and appropriate to provide a basis for
my audit opinion.