2019-03-12 P&E Agenda - Item 7 - Attachment 1 - NBRF FY17-18 Annual Report

Noosa Biosphere Reserve Trust
 ABN 12 733 644 586

 Independent Audit Report to the members of Noosa Biosphere Reserve
 Trust

 Auditor's Responsibilities for the Audit of the Financial Report                                                                         ,

 Our objectives are to obtain reasonable assurance about whether the financial report as a whole is free from material
 misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable
 assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with Australian
 Auditing Standards will always detect a material misstatement when it exists. Misstatements can arise from fraud or error
 and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the
 economic decisions of users taken on the basis of the financial report.

 A further description of our responsibilities for the audit of the financial report is located at the Auditing and Assurance
 Standards Board website at: http:/Awww.auasb.gov.au/auditors_responsibilities/ar4.pdf. This description forms part of our
 auditor's report.
 SAAS Audit Pty Ltd

 James Kenward
Director
 138 Juliette Street
 Greenslopes QLD 4120                                                                                                                        /
 Dated:  “S [to ji a

                                                                                                                       12