2021-01-18 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA   18 JANUARY 2021




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GENERAL COMMITTEE MEETING AGENDA                                                                                    18 JANUARY 2021

      Noosa Biosphere Reserve Trust
      ABN 12 733 644 586

      Independent Audit Report to the members of Noosa Biosphere Reserve
      Trust

      Report on the Audit of the Financial Report

      Opinion

      We have audited the financial report of Noose Biosphere Reserve Trust, which comprises the statement of financial
      position as at 30 June 2020, the statement of profit or loss and other comprehensive income, the staternent of changes in
      equity and the ststement of cash flows for the year then ended, and notes to the financial statements, including a summary
      of significant accounting policies, and the responsible persons’ declaration.

      In our opinion the financial report of Noosa Biosphere Reserve Trust has been prepared in accordance with Division 60 of
      the Australian Chanties and Not-for-profits Commission Act 2012, including:

      (i) giving a true and fair view of the Registered Entity’s financial position as at 30 June 2020 and of its financial
          performance for the year ended; and
      (ii) complying with Australian Accounting Standards to the extent described in Note 1, and Division 60 of the Australian
          Charities and Not-for-profits Commission Regulation 2013.

     Basis for Opinion

     We conducted our audit in accordance with Australian Auditing Standards. Our responsibilities under those standards are
     further described in the Auditor's Responsibilities for the Audit of the Financial Report section of our report. We are
     independent of the Registered Entity in accordance with the auditor independence requirements of the Australian Charities
     and Not-for-profits Commission Act 2012 (ACNC Act) and the ethical requirements of the Accounting Professional and
      Ethical Standards Board's APES 110 Code of Ethics for Professional Accountants (the Code) that are relevant to our audit
     of the financial report in Australia. We have also fulfilled our other ethical responsibilities in accordance with the Code.

     We believe that the audit evidence we have obtained Is sufficient and appropriate to provide a basis for our opinion,

     Emphasis of Matter - Basis of Accounting

     We draw attention to Note 1 to the financial report, which describes the basis of accounting. The financial report has been
     prepared for the purpose of fulfilling the Registered Entity's financial reporting responsibilities under the ACNC Act. As a
     result, the financial report may not be suitable for another purpose. Our opinion is not modified in respect of this matter.

     Responsibilities of Responsible Entities for the Financial Report

     The responsible entities of the Registered Entity are responsible for the preparation of the financial report that gives a true
     and fair vew and have determined that the basis of preparation described in Note 1 to the financial report is appropriate to
     meet the requirements of the ACNC Act and the needs of the members. The responsible entities’ responsibility also
     includes such intemal control as the responsible entities determine is necessary to enable the preparation of a financial
     report that gives a true and fair view and is free from material misstatement, whether dus to fraud or error.

     In preparing the financial report, the responsible entities are responsible for assessing the Registered Entity’s ability to
     continue as a going concern, disclosing, as applicable, matters related to gaing concern and using the going concern basis
     of accounting unless the responsible entities either intend to iquidate the Registered Entity or to cease operations, or have
     no realistic alternative but to do so.

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