Artist impression of Cbus Property's Como Terraces residential project in South Yarra, Melbourne External audit Through the execution of an internal audit program, The Fund’s external RSE Auditor (Ernst & Young) the internal audit function is responsible for: conducts an independent audit of the Fund’s Financial • assessing the Fund’s Risk Management Framework Statements, to provide an opinion on legislative requirements, including whether the statements are • assessing the processes and frameworks in place presented fairly and comply with Australian Accounting to support compliance with Prudential Standards Standards (including interpretations) and other mandatory • reviewing the effectiveness of internal controls with focus professional reporting requirements. on operational, financial and compliance risks and controls. The external RSE Auditor performs procedures in The internal audit program is ongoing and covers specific accordance with Australian Auditing Standards to enable aspects of the operations of Cbus Property. it to form its opinion. The RSE Auditor attends all AFC meetings and has Financial Statements unfettered access to the committee. Presented below is an abridged financial summary of the Fund’s audited Financial Statements for the last Internal audit two years. More detailed financial information, including The Fund’s internal auditor (KPMG) completes reviews the Fund’s audited Financial Statements and the auditor’s of internal controls and procedures over the Fund’s key report, can be found in the Fund’s Financial Statements processes and procedures that are represented in the available online at: Fund’s Financial Statements and notes to the Financial cbussuper.com.au/cs/annual- Statements. The Fund’s internal auditor attends all AFC financial-statements-2021 meetings and has unfettered access to the committee. Copies of these may be requested by calling us on 1300 361 784. Annual Integrated Report 2021 59