Document ID: chunk:federal_register_of_legislation:F2018L00591:body:0:p8
Version: federal_register_of_legislation:F2018L00591
Segment Type: other
Provision Reference: 
Character Range: 20415–23338

accordance with the rules of the organisation; and
           3. the financial records of the reporting unit have been kept and maintained in accordance with the RO Act; and
           4. where information has been sought in any request by a member of the reporting unit or the Commissioner duly made under section 272 of the RO Act, that information has been provided to the member or the Commissioner; and
           5. where any order for inspection of financial records has been made by the Fair Work Commission under section 273 of the RO Act, there has been compliance.
    1. The committee of management statement must:
       a)             be made in accordance with such resolution as is passed by the committee of management of the reporting unit in relation to the matters requiring declaration;
       b)             specify the date of passage of the resolution;
       c)              be signed by a prescribed designated officer within the meaning of regulation 164(2) of the RO Regulations; and
       d)             be dated as at the date the prescribed designated officer signs the statement.

Auditor's statement
32.          The auditor of the reporting unit, as defined under subsection 256(2) of the RO Act, must prepare and provide the reporting unit with a copy of the report of the auditor in relation to the inspection and audit of the financial records of the reporting unit in relation to a financial year.  The auditor's statement required under section 257 of the RO Act must include a declaration as to whether in the auditor's opinion the GPFR is presented fairly in accordance with the:
       a)             requirements imposed by these reporting guidelines and Part 3 of Chapter 8 of the RO Act.
33.          The auditor's statement:
       a)             must include a declaration that either:
           1. the auditor is a registered auditor; or
           2. the auditor is a member of a firm where at least one member is a registered auditor; or
           3. the auditor is a member of a company where at least one of whose directors, officers or employees is a registered auditor; and
       b)             must specify the registered auditor's:
                1.       name; and
                2.       registration number.
    1. The auditor's statement must include a declaration, that as part of the audit of the financial statements, they have concluded that management's use of the going concern basis of accounting in the preparation of the reporting unit's financial statements is appropriate.

 Glossary of terms
35.          The following terms are used in these reporting guidelines—the meaning of any term defined in the Australian Accounting Standards is not modified by the following glossary:

amalgamated organisation has the meaning provided in section 35 of the RO Act.
assets are resources controlled by a reporting unit as a result of past events and from