✨ Audit Report
Audit report
To the Trustees of ASB Community Trust
We have audited the financial statements on pages 1 to 21. The financial statements provide information about the past financial performance of the Trust and its financial position as at 31 March 2009. This information is stated in accordance with the accounting policies set out on pages 4 to 7.
Trustees’ Responsibilities
The Trustees are responsible for the preparation of financial statements which give a true and fair view of the financial position of the Trust as at 31 March 2009 and the results of its operations and cash flows for the year ended on that date.
Auditors’ responsibilities
It is our responsibility to express an independent opinion on the financial statements presented by the Trustees and report our opinion to you.
Basis of opinion
An audit includes examining, on a test basis, evidence relevant to the amounts and disclosures in the financial statements. It also includes assessing:
- the significant estimates and judgements made by the Trustees in the preparation of the financial statements;
- whether the accounting policies are appropriate to the Trust’s circumstances, consistently applied and adequately disclosed.
We conducted our audit in accordance with New Zealand Auditing Standards. We planned and performed our audit so as to obtain all the information and explanations which we considered necessary in order to provide us with sufficient evidence to obtain reasonable assurance that the financial statements are free from material misstatements, whether caused by fraud or error. In forming our opinion we also evaluated the overall adequacy of the presentation of information in the financial statements.
Our firm has also provided tax advisory services to the Trust in respect of the year ended 31 March 2009. These services have not impaired our independence as auditors of the Trust. The firm has no other relationship with or interests in the Trust.
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NZ Gazette 2009, No 125
✨ LLM interpretation of page content
💰 Audit of ASB Community Trust Financial Statements
💰 Finance & RevenueAudit, Financial Statements, ASB Community Trust, Accounting Policies