✨ Audit Report
Audit report
To the Trustees of ASB Community Trust
We have audited the financial statements of ASB Community Trust ("the Trust") and its subsidiaries (the "Group") on pages 1 to 28. The financial statements provide information about the past financial performance of the Trust and Group and their financial positions as at 31 March 2010. This information is stated in accordance with the accounting policies set out on pages 7 to 11.
Trustees’ Responsibilities
The Trustees are responsible for the preparation of financial statements which give a true and fair view of the financial positions of the Trust and Group as at 31 March 2010 and the results of their 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:
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the significant estimates and judgements made by the Trustees in the preparation of the financial statements;
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whether the accounting policies are appropriate to the Trust and Group’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 other services to the Trust in relation to taxation services. Partners and employees of our firm may also deal with the Trust and its subsidiaries on normal terms within the ordinary course of trading activities of the Trust and Group. These matters have not impaired our independence as auditors of the Trust and/or the Group. The firm has no other relationship with, or interest in, the Trust and its subsidiaries.
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NZ Gazette 2010, No 117
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ASB Community Trust Financial Statements Audit Report
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💰 Finance & RevenueAudit report, Financial statements, ASB Community Trust, Trustees' responsibilities, Auditors' responsibilities, Accounting policies, New Zealand Auditing Standards