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External presentationThe views and opinions expressed by guest speakers do not necessarily reflect the views or position of the Clean Energy Regulator.
Tim Pittaway, RSM Bird Cameron
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Annual Audit Workshops 2015
My Experience as an RGEA
Presented by: Tim PittawayRSM Bird Cameron
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Introduction My Background
NGER Audit Experience
Lessons Learnt
Challenges and Issues Faced
Case Study
Questions
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My Background Financial audit background Moved to Risk Advisory Services – became a CIA
Established RSM “Climate Change & Sustainability” Team
Involved in other energy and carbon-related schemes, eg. VRET, VEET, ESS, NCOS
Recognised audit requirements initially under proposed CPRS and similarities to financial audit
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Became RGEA in 2010
Since then:– Involved in pilot scheme in 2011
– Became Category 3 RGEA in 2012
– Involved with AuASB in developing GS021 in 2012
– Involved as Team Leader in each of 2012-13, 2013-14 and 2014-15 NGER audit programs
– Team Leader on small number of CFI audits
– Acted as peer reviewer on many NGER and CFI
Audits conducted across wide range of industries
Have seen many developments in the audit program
NGER Audit Experience
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NGER Audit Experience
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NGER Audit Experience
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Lessons Learnt Similarities to financial and other audits …But also many differences
Key Lessons in NGER audit generally:– Thorough planning and regular communication important
– Appropriate team and resources
– Communication with CER and auditee
– Early discussion on issues identified
– Understanding of auditing standards, particularly where modified conclusion
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Challenges and Issues Common Audit Issues
– Documentation, eg. Basis of Preparation
– More issues where no recent audit performed
– Completeness – data, minor emissions sources (risk v compliance)
– Have noticed improvement over time
Role as Team Leader– Sub-contracting arrangements
– Limited v reasonable assurance
– Modified conclusions
– Fee pressure, particular CFI
Role as Peer reviewer
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Case Study – CFI Audits Team Leader for two “very different” CFI Audits
– Audit 1 – 2013 - Diverting waste to an alternative waste treatment facility
– Audit 2 – late 2014 - Reforestation and Afforestation – 1.2
Challenges– Technical subject matter
– Different contractor with industry experience also engaged for both
– Ensuring appropriate peer review
Learnings (and to take into ERF)– Team is critical – need technical expertise matched to methodology,
as well as assurance expertise, but Team Leader needs to bring together
– Understand reporting requirements
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Questions?
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