Financial statements
49 Financial statements
The Board is to prepare and forward to the Auditor-General a copy of its financial statements for each financial year in accordance with the Audit Act 2008.
Financial statements in respect of a financial year are to consist of the following:an operating statement for that financial year; a statement of financial position as at the end of that financial year; a statement of the cash flows for that financial year; any other financial information required to be included by a direction given under subsection (4); any statements, reports and notes, other than a directors' report or an auditor's report, attached to, or intended to be read with, the operating statement and the statement of financial position.
The financial statements are to – comply with any direction given under subsection (4); and subject to that direction, comply with the Australian Accounting Standards.
The Treasurer may give any written directions to the Board in respect of the form of the financial statements.
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