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๐ Local Government Regulations Amendment (Financial Management and Audit) Regulations 2022
RegulationsSL 2022/8817 June 2022
Principal Act
These regulations amend the Local Government (Audit) Regulations 1996 and the Local Government (Financial Management) Regulations 1996. They relate to financial reporting, auditing, and budgeting requirements for local governments in Western Australia.
Local governments will need to adjust their financial reporting and auditing processes to comply with the new requirements, particularly regarding the classification of operating revenue and expenses. Auditors will need to adjust their reporting to reflect the changes.
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