✨ Audit Report
POLSON
BUSINESS ADVISORS
DUNEDIN
Moray House
139 Moray Place
P O Box 5346
Dunedin, 9058, NZ
T 03 477 9923
F 03 477 9795
W www.ph.co.nz
CHRISTCHURCH
Clarendon Tower
Cnr Worcester St
& Oxford Tce
P O Box 4449
Christchurch, 8140, NZ
T 03 366 5282
F 03 366 4254
W www.ph.co.nz
Audit Report
To the Trustees of the Otago Community Trust
We have audited the financial statements on pages 3 to 25. The financial statements provide information about the past financial performance and financial position of the Trust and group as at 31 March 2010. This information is stated in accordance with the accounting policies set out on pages 6 to 10.
Trustees’ Responsibilities
The Trustees are responsible for the preparation of the financial statements which gives a true and fair view of the financial position of the Trust and group as at 31 March 2010 and the results of operations and cash flows for the year ended on that date.
Auditor’s Responsibilities
It is our responsibility to express an independent opinion on the financial statements presented by the Trustees.
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:
(a) the significant estimates and judgements made by the Trustees in the preparation of the financial statements; and
(b) whether the accounting policies are appropriate to the Trust’s and group’s circumstances, consistently applied and adequately disclosed.
We have conducted our audit in accordance 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 the information in the financial statements.
We have performed Human Resource consulting assignments for the Trust during the year. We have no other relationship with, or interest in the Trust or any of its subsidiaries other than in our capacity as auditor.
Next Page →
NZ Gazette 2010, No 103
✨ LLM interpretation of page content
💰 Audit Report for Otago Community Trust
💰 Finance & RevenueAudit, Financial Statements, Otago Community Trust, Trustees, Auditor's Responsibilities
- Polson Business Advisors