Australia Audit of Incorporated Association (Tier 1) in NT

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In NT, the audit of an incorporated association can basically be done by anyone who is not a member, employee or partner of a member.
https://nt.gov.au/law/rights/incorporated-associations/reporting-responsibilities

Therefore they do not need to be an auditor either.

Are the same requirements needed as per an official audit though? Ie:

• profit and loss statement
• balance sheet
• notes to the financials
• comparison against previous year figures
• a signed committee statement or separate report of the management committee
• audit opinion

or due to not needing an official qualified auditor or member of Professional body to complete it are the requirements less for tier 1?