Document ID: chunk:federal_register_of_legislation:F2024L00665:clause:1_6:p7
Version: federal_register_of_legislation:F2024L00665
Segment Type: clause
Provision Reference: sch 1 cl 6 (pt 7/11)
Character Range: 18953–22014

have been managed in accordance with the rules of the organisation including the rules of a branch concerned; and
                (iii)      the financial records of the reporting unit have been kept and maintained in accordance with the Act; and
                (iv)      where the organisation consists of two or more reporting units, the financial records of the reporting unit have been kept, as far as practicable, in a manner consistent with each of the other reporting units of the organisation; and
                (v)      where information has been sought in any request by a member of the reporting unit or the General Manager duly made under section 272 of the Act, that information has been provided to the member or the General Manager; and
                (vi)      where any order for inspection of financial records has been made by the Fair Work Commission under section 273 of the Act, there has been compliance.
       (26)  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 designated officer within the meaning of section 243 of the Act; and
            (d)    be dated as at the date the designated officer signs the statement.
    Auditor's statement
       (27)  The auditor's statement required under subsection 257(5) of the Act must include a declaration as to whether in the auditor's opinion the GPFR is presented fairly in accordance with the following:
            (a)    the Australian Accounting Standards; and
            (b)    any other requirements imposed by these reporting guidelines or Part 3 of Chapter 8 of the Act.
       (28)  The auditor's statement:
            (a)    must include a declaration that either:
                (i)      the auditor is a registered auditor; or
                (ii)      the auditor is a member of a firm where at least one member is a registered auditor; or
                (iii)      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:
                (i)      name; and
                (ii)      registration number.
       (29)  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
       (30)  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 Act.

    assets are resources controlled by a reporting unit as a result of past events and