2017-12-12 S&O Agenda - Attachment 1 to Item 9 - Tourism Noosa Annual Report 2016-17

                                             TOURISM NOOSA LTD
                                              ABN: 45 097 924 199
                                INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF
                                             TOURISM NOOSA LTD

Report on the Financial Report
We have audited the accompanying financial report of Tourism Noosa Ltd, which comprises the statement of
financial position as at 30 June 2017, 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 the directors' declaration.

Directors' Responsibility for the Financial Report
The directors of the company are responsible for the preparation and fair presentation of the financial report that
gives a true and fair view in accordance with Australian Accounting Standards and the Corporations Act 2001 and
for such internal control as the directors determine 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
Our responsibility is to express an opinion on the financial report based on our audit. We conducted our audit in
accordance with Australian Auditing Standards. Those standards require that we comply with relevant ethical
requirements relating to audit engagements and plan and perform the audit 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 company'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. An audit also includes evaluating the
appropriateness of accounting policies used and the reasonableness of accounting estimates made by the
directors, as well as evaluating the overall presentation of the financial report.

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

Independence
In conducting our audit, we have complied with the independence requirements of the Corporations Act 2001. We
confirm that the independence declaration required by the Corporations Act 200 l, which has been given to the
directors of Tourism Noosa Ltd, would be in the same terms if given to the directors as at the time of this auditor's
report.

Opinion

In our opinion, the financial report of Tourism Noosa Ltd is in accordance with Corporations Act 2001, including:
         giving a true and fair view of the company's financial position as at 30 June 2017 and of its performance for
  (i)    the year ended on that date; and
  (ii)   complying with Australian Accounting Standards and the Corporations Regulations 2001.

Basis of Accounting

Without modifying our opinion, we draw attention to Note l to the financial report, which describes the basis of
accounting. The financial report has been prepared for the purpose of fulfilling the directors' financial reporting
responsibilities under the Corporations Act 200 l. As a result, the financial report may not be suitable for another
purpose.



Auditor's signat

Address:        Stratogen Audit Services Pty Ltd
                l /59 Mary Street Noosaville, Qld

Dated this                                                                                                             2017