Practice Notes For Auditors

The practice notes that follow are to be read in conjunction with the Election Funding and Disclosures Act 1981 (the Act) and the 2004 Regulation (the Regulation) as well as the Authority’s Funding and Disclosure Guides.

The assurance review to be undertaken must accord with the requirements of ASRE 2405, “Review of Historical Financial Information Other than a Financial Report”. This standard must be read before commencing this assignment.

Item 1.0 is a quick reference guide for assurance practitioners undertaking a review of declarations of disclosures.

Item 2.0 is a detailed reference guide for assurance practitioners undertaking a review of declarations of disclosures.

Note: References prefixed with an “s” are to sections of the Act. Those prefixed “clause” refer to the Regulation.