We are pleased to present Entrust's Compliance Inspector Standards, which outlines the standards and expectations for Compliance Inspectors (CIs) in carrying out their assurance review work under the Landfill Tax Regulations 1996.
Entrust, as the regulator of the Landfill Communities Fund (LCF), has implemented comprehensive policies and procedures to fulfill its statutory duties under the Landfill Tax Regulations 1996. The attachment aims to provide guidance to stakeholders, establish ethical conduct principles, and define service standards for CIs.
Within it, Entrust emphasises the importance of professionalism, integrity, and fairness in carrying out assurance reviews. CIs are expected to demonstrate integrity by performing their work honestly, observing the law, and respecting organisational objectives. They must exhibit objectivity in gathering and evaluating information, ensuring their judgments are not influenced by personal interests. Confidentiality is crucial, requiring CIs to handle information prudently and not disclose it without proper authorization. Additionally, CIs are expected to possess the necessary competency, applying their knowledge and skills effectively while continually improving their proficiency.
The document also emphasises compliance with the defined standards, including thorough planning and obtaining reliable information during assurance reviews. Overall, Entrust aims to uphold the highest level of professional standards, ensuring transparency, consistency, and excellence in its regulatory work. By adhering to these standards, CIs play a vital role in maintaining stakeholders' trust and confidence in the LCF regulatory processes.
Please note that this summary and does not include all the details and intricacies discussed in the attached paper. For more information, please click on the relavant link.