Other information The Board of Governors are responsible for the other information. The other information comprises the information included in the Annual Report, but does not include the financial statements, the service performance information and our auditor’s report thereon. Our opinion on the financial statements and service performance information does not cover the other information and we do not express any form of audit opinion or assurance conclusion thereon. In connection with our audit of the financial statements and service performance information, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements and service performance information or our knowledge obtained in the audit, or otherwise appears to be materially misstated. If, based on the work we have performed on the other information that we obtained prior to the date of this auditor’s report, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Responsibilities of the Board of Governors for the financial statements and service performance information The Board of Governors are responsible, on behalf of the College, for the preparation and fair presentation of the financial statements and service performance information in accordance with the applicable financial reporting framework, and for such internal control as the Board of Governors determine is necessary to enable the preparation of the financial statements and service performance information that is free from material misstatement, whether due to fraud or error. The Board of Governors are also responsible, on behalf of the College, for the service performance information, including: ● the selection of elements/aspects of service performance, performance measures and/or descriptions and measurement bases or evaluation methods that present service performance information that is appropriate and meaningful in accordance with PBE FRS 48 Service Performance Reporting ; ● the preparation and fair presentation of service performance information in accordance with the College’s measurement bases or evaluation methods, in accordance with the applicable financial reporting framework; and ● the overall presentation, structure and content of the service performance information in accordance with the applicable financial reporting framework. In preparing the financial statements and service performance information, the Board of Governors are responsible for assessing the College’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Governors either intend to liquidate the College or to cease operations, or have no realistic alternative but to do so. Auditor’s responsibilities for the audit of the financial statements and service performance information Our objectives are to obtain reasonable assurance about whether the financial statements and service performance information, as a whole, is free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (NZ) and NZ AS 1 (Revised) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate or collectively, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements and service performance information.
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