Annual Report 2014

:     1

                              INDEPENDENT AUDITOR’S REPORT

   To the Mayor of Noosa Shire Council

   Report on the Financial Report
   | have audited the accompanying financial report of Noosa Shire Council, which comprises
   the statements of financial position as at 30 June 2014, the statements of comprehensive
   income, statements of changes in equity and statements of cash flows for the period 1 January
   2014 to 30 June 2014, notes comprising a summary of significant accounting policies and
   other explanatory information, and certificates given by the Mayor and Chief Executive Officer
   of the Council and the consolidated entity comprising the Council and the entities it controlled at
   the period’s end and from time to time during the financial period.
    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 the 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
    materia! 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 overail presentation
    of the financial report.
    | believe that the audit evidence obtained is sufficient and appropriate to provide a basis for
    my audit opinion.