Auditor FAQs

What is an audit report and when is it required?

Why do I have to provide an audit report when Coal LSL already has the details?

What happens if I do not provide a report or if my report is late?

What do audit reports cost to obtain and who pays for them?

Who can do the audit?

What qualifies an auditor as ‘independent’?

Is the auditor required to review the eligibility of employees?

What is the auditor required to review?

What should be included in an annual audit report?

Do we need to audit the levies paid for every single employee or take an audit sample?

I have recently registered with Coal LSL and paid levies for the current and previous financial years. Do I have to do a separate audit report for each financial year?

What if the audit process identifies that errors have been made?

Does Coal LSL have recommended auditors?

Is there an audit report template or examples of what is required?