Audit Report on Financial Statement

In accordance with subsection 50(1) of the Audit Act 1901, the Inspector-General of Intelligence and Security has submitted for audit the financial statement of the Office of the Inspector-General of Intelligence and Security for the year ended 30 June 1990. 

The statement comprises: 

  • Aggregate Statement of Transactions by Fund
  • Detailed Statement of Transactions by Fund
  • Program Statement
  • Statement of Supplementary Financial Information
  • Notes to the Financial Statements.

The financial statement has been prepared in accordance, with the policies outlined in Note 1 and with the financial statement guidelines for departmental secretaries made by the Minister for Finance.

During the year the Minister for Finance determined under subsection 51(2) of the Act that the statement for the year ended 30 1990 would be subject to full audit examination for the first- time. As a result comparative figures for the previous year in the Program Statement and Statement of Supplementary Financial Information have not been subject to audit, as stated in Note 1(g).

The statement has been audited in conformance with the Australian National Audit Office Auditing Standards which incorporate the Australian Auditing Standards.

In accordance with paragraphs 51(1)(a) and (b) and section 7OF of the Act, 1 now report that the statement is, in my opinion:

  • in agreement with the accounts and records kept in accordance with section 40of the Act, and
  •  in accordance with the financial statement guidelines made by the Minister for Finance.

D.S. Lennie
Executive Director
Australian National Audit Office

5 September 1990