Annual report 2012
We did not examine every transaction, nor do we guarantee complete accuracy of the financial statements and non-
financial performance information. Also we did not evaluate the security and controls over the electronic publication of
the financial statements and non-financial performance information.
We have obtained all the information and explanations we have required and we believe we have obtained sufficient and
appropriate audit evidence to provide a basis for our audit opinion.
Responsibilities of the Council
The Council is responsible for preparing financial statements that:
• comply with generally accepted accounting practice in New Zealand; and
• fairly reflect the Wānanga and group’s financial position, financial performance and cash flows.
The Council is also responsible for preparing non-financial performance information that fairly reflects the Wānanga and
group’s service performance achievements measured against the performance targets adopted in the investment plan.
The Council is responsible for such internal control as it determines is necessary to enable the preparation of financial
statements and non-financial performance information that are free from material misstatement, whether due to fraud
or error. The Council is also responsible for the publication of the financial statements and non-financial performance
information, whether in printed or electronic form.
The Council’s responsibilities arise from the Education Act 1989 and the Crown Entities Act 2004.
Responsibilities of the Auditor
We are responsible for expressing an independent opinion on the financial statements and non-financial performance
information and reporting that opinion to you based on our audit. Our 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 External Reporting Board.
Other than the audit, we have no relationship with or interests in the Wānanga or any of its subsidiaries.
Audit New Zealand
On behalf of the Auditor-General
Tauranga, New Zealand
Matters relating to the electronic presentation of the audited financial statements and statement of service
performance
This audit report relates to the financial statements and statement of service performance of TeWānangaoAotearoa
Te Kuratini o Ngā Waka (the Wānanga) and group for the year ended 31December2012 included on the Wānanga and
group’s website. The Wānanga’s Council is responsible for the maintenance and integrity of the Wānanga and group’s
website. We have not been engaged to report on the integrity of the Wānanga and group’s website. We accept no
responsibility for any changes that may have occurred to the financial statements and statement of service performance
since they were initially presented on the website.
The audit report refers only to the financial statements and statement of service performance named above. It does not
provide an opinion on any other information which may have been hyperlinked to or from the financial statements and
statement of service performance. If readers of this report are concerned with the inherent risks arising from electronic
data communication they should refer to the published hard copy of the audited financial statements and statement of
service performance as well as the related audit report dated 24 April 2013 to confirm the information included in the
audited financial statements and statement of service performance presented on this website.
Legislation in NewZealand governing the preparation and dissemination of financial information may differ from
legislation in other jurisdictions.
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