Under s.30A of the Auditor-General Act 2009, a public sector entity may be exempt from audit. 

This will only occur if the Auditor-General is reasonably satisfied that the audit is small in size and low in risk. The criteria applied by the Auditor-General in making this assessment is included in the Auditor-General of Queensland Auditing Standards.

An entity may be granted an exemption from audit by the Auditor-General for a maximum of three financial years. However, a further exemption may be granted at the expiry of that three-year period.

If an exemption is granted, an appropriately qualified person must be engaged to audit the entity for that period. The Auditor-General has the right to repeal an exemption granted under s.30A.

Exemption has currently been granted for the following entities: 

  • Artspace Mackay Foundation Ltd
  • Brisbane Festival Limited
  • Central Western Queensland Remote Area Planning and Development Board (RAPAD) 
  • Far North Queensland Regional Organisation of Councils
  • Gulf Savannah Development Inc. 
  • Major Brisbane Festivals Pty Ltd 
  • Mt Gravatt Showgrounds Trust 
  • Northern Alliance of Councils Incorporated
  • North West Queensland Regional Organisation of Council
  • Queensland Education Leadership Institute Limited 
  • Queensland Music Festival Pty Ltd 
  • Queensland Tertiary Admissions Centre Limited 
  • Queensland Theatre Company  
  • South West Regional Development Association Inc. 
  • Supreme Court Library Committee 
  • Surveyors Board of Queensland 
  • The Board of Trustees of Newstead House 
  • Wide Bay Burnett Regional Organisation of Councils Inc.