Annual Report 2014

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       :                      INDEPENDENT AUDITOR’S REPORT

   To the Mayor of Noosa Shire Council

    Report on the Current-Year Financial Sustainability Statement
    | have audited the accompanying current-year financial sustainability statement, which is a
    special purpose financial report of Noosa Shire Council for the period ended 30 June 2014,
    comprising the statement and explanatory notes, and certificate given by the Mayor and Chief
    Executive Officer.
    The Council’s Responsibility for the Current-Year Financial Sustainability Statement
   The Council is responsible for the preparation and fair presentation of the current-year
   financial sustainability statement in accordance with the Local Government Regulation 2012.
   The Council’s responsibility also includes such internal control as the Council determines 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 Responsibility
    My responsibility is to express an opinion on the current-year financial sustainability statement
    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 statement is free from material misstatement.
    An audit involves performing procedures to obtain audit evidence about the amounts and
    disclosures in the statement. The procedures selected depend on the auditor’s judgement,
    including the assessment of the risks of material misstatement of the statement, whether due
    to fraud or error. In making those risk assessments, the auditor considers internal control
    relevant to the Council’s preparation and fair presentation of the statement 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 Council’s internal control. 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 statement.
    My responsibility is to form an opinion as to whether the statement has been accurately
    calculated based on the Council’s general purpose financial report. 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.
    | believe that the audit evidence obtained is sufficient and appropriate to provide a basis for
    my audit opinion.