Auditor Guidelines [Closing date: 2008/07/25 17:00:00 GMT+12]

The Electricity Commission invites submissions on the consultation document "Reconciliation Participant and Distributor Audit Guidelines”.

The new reconciliation rules (part J) and the revised part E came into effect on 1May 2008. There are requirements within these rules for reconciliation participants and distributors to obtain an annual audit by an Electricity Commission Board (Board) approved auditor. The purpose of the audit is to show compliance with the requirements within the Electricity Governance Rules 2003 and amendments. These audits are to be submitted to the Board for approval, and audit summaries for each audit will be published on the Commissions web site.

The Commission has produced audit guidelines for auditors to follow when carrying out these audits.
Consultation was carried out on revised guidelines in September 2007.  The Guidelines have subsequently been amended, and given the extent of the changes made, the Commission has decided to call for another round of consultation.

• Consultation paper pdf [63 KB]
  
• Appendix 1: Guideline for Reconciliation Participant Audits V1.4 pdf [215 KB]
  
• Appendix 2: Guideline for Distributor Audits V1.5 pdf [185 KB]
  

The Electricity Commission invites submissions on the proposals by 5.00 pm on Friday 25 July 2008 

The preference is to receive submissions in electronic form (Microsoft Word format or pdf) with “Audit guidelines” in the subject header to submissions@electricitycommission.govt.nz. If submitters do not wish to send their submission electronically, they should post it in hard copy form to:

Maree McGregor
Electricity Commission
Level 7, ASB Bank Tower
2 Hunter Street
PO Box 10041
WELLINGTON
Tel: (04) 460 8860
Fax: (04) 460 8879

The Commission will acknowledge receipt of all submissions electronically. Please contact Maree McGregor if you do not receive electronic acknowledgement of your submission within two business days.

Your submission is likely to be made available to the general public on the Commission’s website. Submitters should indicate any documents attached, in support of the submission, in a covering letter and clearly indicate any information that is provided to the Commission on a confidential basis. All information provided to the Commission is subject to the Official Information Act 1982.