60 Annual Report
We did not examine every transaction, nor do we guarantee complete
accuracy of the financial statements and statement of service
performance.
We evaluated the overall adequacy of the presentation of information
in the financial statements and statement of service performance.
We obtained all the information and explanations we required to support
our opinion above.
Responsibilities of the Members of the Commission and
the Auditor
The Members of the Commission are responsible for preparing
the financial statements and statement of service performance in
accordance with generally accepted accounting practice in New Zealand.
The financial statements must fairly reflect the financial position
of the Commission as at 30 June 2008 and the results of its operations
and cash flows for the year ended on that date. The statement of
service performance must fairly reflect, for each class of outputs,
the Commissionfs standards of delivery performance achieved and
revenue earned and expenses incurred, as compared with the forecast
standards, revenue and expenses adopted at the start of the financial year.
The Memberfs responsibilities arise from the Crown Entities Act
We are responsible for expressing an independent opinion on the
financial statements and statement of service performance and reporting
that opinion to you. This responsibility arises from section 15 of the
Public Audit Act 2001 and the Crown Entities Act 2004.
Independence
When carrying out the audit we followed the independence requirements
of the Auditor General, which incorporate the independence requirements
of the Institute of Chartered Accountants of New Zealand.
Other than the audit, we have no relationship with or interests in
the Commission.
Clare Helm
Audit New Zealand
On behalf of the Auditor-General
Wellington, New Zealand
