Commencing in May 2007, the ANAO conducted a performance audit of NICNAS cost recovery arrangements as part of a cross portfolio audit.

The audit objective is to assess whether regulatory entities have cost recovery procedures and practices which comply with the Governments guidelines. The audit will benefit agencies in that it will assist them to ensure that they are meeting government policies on cost recovery and setting correct fees and levies for their cost recoverable activities. It is anticipated that the report to Parliament will be tabled in March 2008.