Home » Industry » Market (wholesale & retail) » Retail audits & auditing » Distributor audits

Distributor audits

Distributors must undergo an annual Code audit.

Distributors are required to create and maintain information in the registry under Part 11 of the Code. This information pertains to the creation of identifiers for ICPs, the provision of ICP information to the registry and the maintenance of that information, and the creation and maintenance of loss factors.

The purpose of the audits is to ensure compliance with the Code and integrity of participant processes to ensure that volumes allocated to purchasers and generators are correct within the reconciliation process. These volumes are passed to the clearing manager for production of debit or credit invoices.

Audits must be carried out by Authority approved auditors.

Details on how to submit a retail audit can be found on the Retail audits & auditing page.

This page is related to: Retail and Wholesale Market.

Back to top Last updated on 18 September 2012