✨ Audit Report
2586
NEW ZEALAND GAZETTE, No. 91
4 JULY 2011
INDEPENDENT AUDITOR’S REPORT
TO THE TRUSTEES OF
EASTERN & CENTRAL COMMUNITY TRUST
Report on the Financial Statements
We have audited the financial statements of Eastern & Central Community Trust, which comprise the statement of financial position as at 31 March 2011, and the statement of changes in equity, statement of comprehensive income (single statement approach), and statement of cash flow’s for the year then ended, and a summary of significant accounting policies and other explanatory information.
This report is made solely to the Trustees as a body, in accordance with the Trust Deed of Eastern and Central Community Trust. Our audit has been undertaken so that we might state to the Trustees those matters we are required to state to them in an auditors’ report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Trustees as a body, for our audit work, for this report, or for the opinions we have formed.
Trustees Responsibility for the Financial Statements
The Trustees are responsible for the preparation and fair presentation of financial statements in accordance with generally accepted accounting practice in New Zealand that give a true view of matters to which they relate and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
Auditor’s Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with International Standards on Auditing (New Zealand). Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgement, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation of financial statements that give a true and fair view in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates, as well as evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Other than in our capacity as auditor we have no relationship with, or interests in Eastern & Central Community Trust.
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NZ Gazette 2011, No 91
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Eastern and Central Community Trust Financial Statements
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💰 Finance & RevenueFinancial Statements, Community Trusts, Eastern and Central, Donations, Regional Breakdown