Published
This information sheet provides an overview of auditing requirements under Part 5 of the Water Act 2007 (Cth) (the Act) and the Water Regulations 2008 (the code).
Eligible water markets intermediaries (intermediaries) are required to obtain an annual auditor report on their trust accounts. The report must be prepared by an eligible auditor and contain the information specified in the code. Intermediaries must also ensure the auditor has access to any relevant financial records. The Act and the code do not require any other aspects of an intermediary鈥檚 business to be audited.