Independent Audit Report

INDEPENDENT AUDIT REPORT
TO THE MEMBERS OF THE INTERNET SOCIETY OF AUSTRALIA 

Scope
I have audited the financial report of Internet Society of Australia 
set out on pages 3 to 8 for the year ended 30 June 2001. The directors 
of the company are responsible for the preparation and presentation of 
the financial report and the information contained therein. I have 
conducted an independent audit of the financial report in order to 
express an opinion on it to the members of the company.

My audit has been conducted in accordance with Australian Auditing 
Standards to provide reasonable assurance as to whether the financial 
report is free of material misstatement. My procedures included 
examination, on a test basis, of evidence supporting the amounts and 
other disclosures in the financial report, and the evaluation of 
accounting policies and significant accounting estimates. These 
procedures have been undertaken to form an opinion as to whether, in 
all material respects, the financial report is presented fairly in 
accordance with Australian accounting standards and statutory 
requirements so as to present a view which is consistent with my 
understanding of the company's financial position and the results of 
its operations and its cash flows.

The audit opinion expressed in this report has been formed on the above 
basis.  


Opinion
In my opinion, the financial report of Internet Society of Australia is 
properly drawn up: 

(a) so as to give a true and fair view of:

    1) the state of affairs of the company at 30 June 2001, and the results 
       and cash flows of the company for the year ended on that date; and

    2) the other matters required by Divisions 4, 4A and 4B of  Part 3.6 of 
       the Corporations Law to be dealt with in the financial report;

(b) in accordance with the provisions of the Corporations Law; and
(c) in accordance with applicable Australian Accounting Standards and 
    other mandatory  professional reporting requirements.



Chris Booker FCA	.. October 2001
Registered Company Auditor	Brisbane
Principal