New Zealand Gazette – 2010 – No. 104

Page 2798

✨ Audit Report



NEW ZEALAND GAZETTE, No. 104
18 AUGUST 2010

INGHAM MORA

CHARTERED ACCOUNTANTS

Audit Report

To the Trustees of Bay of Plenty Community Trust Incorporated

We have audited the financial statements on pages 5 to 21. The financial statements provide information about the past financial performance of the trust and its financial position as at 31 March 2010. This information is stated in accordance with the accounting policies set out on pages 8 to 11.

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 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 to you 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:

  • the significant estimates and judgements made by the trustees in the preparation of the financial statements; and
  • 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.

Other than in our capacity as auditor we have no relationship with, or interests in the trust.

Unqualified Opinion

We have obtained all the information and explanations we have required.

In our opinion:

  • proper accounting records have been kept by the trust as far as appears from our examination of those records; and
  • the financial statements on pages 5 to 21:
    • comply with generally accepted accounting practice in New Zealand;
    • comply with International Financial Reporting Standards; and
    • give a true and fair view of the financial position of the trust as at 31 March 2010 and the results of operations and cash flows for the year ended on that date.

Our audit was completed on 23 June 2010 and our unqualified opinion is expressed as at that date.

INGHAM MORA
TAURANGA

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Online Sources for this page:

Gazette.govt.nz — PDF NZ Gazette 2010, No 104




✨ LLM interpretation of page content

💰 BayTrust Annual Report for the year ended 31 March 2010 (continued from previous page)

💰 Finance & Revenue
23 June 2010
Audit report, Financial statements, Trustees' responsibilities, Auditor's responsibilities, Unqualified opinion
  • INGHAM MORA, Chartered Accountants