Guideline 22: Regulatory Audits of Energy Businesses

This guideline was replaced by Audit Guidelines for Energy Businesses, which was finalised on 24 April 2018.

Guideline 22 outlines:

• how a regulatory audit scope was determined
• how the auditor will be approved
• what governance arrangements will apply during the audit process
• the form and format of the audit report.

The guideline was designed to encourage a culture of continuous improvement in the energy industry.

Under the terms of a licence, electricity and gas licensees were required to:

• comply with guideline 22 and any other guideline relevant to the audit process
• appoint an independent auditor to conduct an audit of certain areas.
  

Submissions on the draft decision