Documents - ; Slanderous and defamatory allegations made by Mr Stirling against Mr Cleanthous and Deo
Tabled paper 1563
Tabled Papers for 8th Assembly 1997 - 2001; Tabled Papers; ParliamentNT
Tabledby Shane Stone
Made available by the Legislative Assembly of the Northern Territory under Standing Order 240. Where copyright subsists with a third party it remains with the original owner and permission may be required to reuse the material.
IDo c. ")/ / D e C a S' C H A R T E R E D & O U L U V A N A C C O U N T A N T S 3RD FLOOR. CAVENAGH CENTRE 43 CAVENAGH STREET. DARWIN NT 0800 GPO BOX 4239. DARWIN NT 0801 TELEPHONE: (08)8941 1868 (08) 8941 3977 FACSIMILE: (08) 8941 2569 (08) 8941 3096 INDEPENDENT AUDIT REPORT To the members o f Ngadunggay Homeland Resource Centre Aboriginal Corporation Scope W e have audited the financial report, being a special purpose financial report, o f Ngadunggay Homeland Resource Centre Aboriginal Corporation for the year ended 30 June 1998 as set out on pages 4 to 12. The A ssociations Governing Committee is responsible for the preparation and presentation of the financial report and the information contained therein, and has determined that the basis o f accounting used and described in Note 1 to the financial statements is appropriate to the needs of the Associations members. We have conducted an independent audit of the financial statements in order to express an opinion to the members the Association on the preparation and presentation thereof. No opinion is expressed as to whether the basis o f accounting used, and described in Note 1, is appropriate to the needs of the Associations members. Our audit has been conducted in accordance with Australian Auditing Standards to provide reasonable assurance as to whether the financial report is free of material misstatement. Our procedures included examination, on a test basis, of evidence supporting the amounts and other disclosures in the financial report, and the evaluation of accounting policies and significant accounting estimates. These procedures have been undertaken to form an opinion as to whether, in all material respects, the financial report is presented fairly in accordance with accounting standards and other mandatory professional reporting requirements and statutory requirements, as outlined in Note 1, so as to present a view which is consistent with our understanding of the Associations financial position, the results of its operations and its cash flows. The audit opinion expressed in this report has been formed on the above basis. Qualification The Association does not have a written lease over the land it occupies, and therefore it does not have tenant rights in relation to im provem ents made upon the land. Consequently, we have been unable to determine w hether the depreciation rates applicable to such improvements are adequate or whether the values of certain assets are reasonable. In addition, due to prevailing circumstances, it was not practical to physically examine asset items located in outstations. Consequently, management representations have been relied upon that all assets of the Association have been satisfactorily brought to account. Qualified Audit Opinion In our opinion, except for the effects on the financial report of the above mentioned qualification matters, if any, as might have been determined to be necessary had the limitations on the scope of our work not existed: (i) the financial report presents fairly the state of affairs of the Association as at 30 June 1998, its results and its cash flows for the year then ended; (ii) the balance sheet and statement o f income and expenditure are based on proper accounts and records, and are in agreement with those accounts and records; 3(i) Chartered Accountants