This Part sets out the requirements that are placed on organisations in relation to financial records, accounting and auditing.

It provides for reports to be provided on the basis of reporting units. A reporting unit may be the whole of an organisation or one or more branches of an organisation.

Division   2 provides for the reporting units.

Division   3 sets out the accounting obligations for reporting units.

Division   4 provides for auditors to be appointed and sets out the powers and duties of the auditors and the duties that others have in relation to auditors.

Division   5 sets out the reporting requirements that reporting units must comply with.

Division   6 provides for reduced reporting requirements to apply in particular cases.

Division   7 provides for members' access to the financial records of reporting units.