INDEPENDENT AUDIT REPORT
To the Board of Tourism Queensland
Matters Relating to the Electronic Presentation of the Audited Financial Report
The audit report relates to the financial report of Tourism Queensland for the financial year
ended 30 June 2006 included on Tourism Queensland’s web site. The Directors are
responsible for the integrity of Tourism Queensland’s web site. We have not been engaged to
report on the integrity of Tourism Queensland’s web site. The audit report refers only to the
statements named below. It does not provide an opinion on any other information which may
have been hyperlinked to/from these statements. If users of the financial report are
concerned with the inherent risks arising from electronic data communications they are
advised to refer to the hard copy of the audited financial report, available from Tourism
Queensland, to confirm the information included in the audited financial report presented on
this web site.
These matters also relate to the presentation of the audited financial report in other electronic
media including CD Rom.
The Financial Report
The financial report of Tourism Queensland consists of the income statement, balance sheet,
statement of changes in equity, cash flow statement, notes to and forming part of the
financial report and certificates given by the Board and officers responsible for the financial
administration of Tourism Queensland, for the year ended 30 June 2006.
The Board’s Responsibility
The Board is responsible for the preparation and true and fair presentation of the financial
report, the maintenance of adequate accounting records and internal controls that are
designed to prevent and detect fraud and error and for the accounting policies and
accounting estimates inherent in the financial report.
As required by law, an independent audit was conducted in accordance with QAO Auditing
Standards, which incorporate the Australian Auditing Standards, to enable me to provide an
independent opinion whether in all material respects the financial report is presented fairly,
in accordance with the prescribed requirements, including any mandatory financial reporting
requirements as approved by the Treasurer for application in Queensland.
Audit procedures included –
? examining information on a test/sample basis to provide evidence supporting the
amounts and disclosures in the financial report;
? assessing the appropriateness of the accounting policies and disclosures used and
the reasonableness of significant accounting estimates made by the Board;
? obtaining written confirmation regarding the material representations made in
conjunction with the audit; and
? reviewing the overall presentation of information in the financial report.
The Financial Administration and Audit Act 1977 promotes the independence of the Auditor-
General and QAO authorised auditors.
The Auditor-General is the auditor of all public sector entities and can only be removed by
The Auditor-General may conduct an audit in any way considered appropriate and is not
subject to direction by any person about the way in which audit powers are to be exercised.
The Auditor-General has for the purposes of conducting an audit, access to all documents
and property and can report to Parliament matters which in the Auditor-General’s opinion are
In accordance with s.46G of the Financial Administration and Audit Act 1977 –
(a) I have received all the information and explanations which I have required; and
(b) in my opinion –
(i) the prescribed requirements in respect of the establishment and keeping of
accounts have been complied with in all material respects; and
(ii) the financial report has been drawn up so as to present a true and fair view, in
accordance with the prescribed accounting standards of the transactions of
Tourism Queensland for the financial year 1 July 2005 to 30 June 2006 and of
the financial position as at the end of that year.
G Rapisardi CPA Queensland Audit Office
As Delegate of the Auditor-General of Queensland Brisbane