An audit also involves evaluating:
• the appropriateness of accounting policies used and whether they have been consistently applied;
• the reasonableness of the significant accounting estimates and judgements made by Te Mana Whakahaere;
• the adequacy of all disclosures in the financial statements and non-financial performance information; and
• the overall presentation of the financial statements and non-financial performance information.
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 Te Mana Whakahaere
Te Mana Whakahaere 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.
Te Mana Whakahaere 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.
Te Mana Whakahaere 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. Te Mana Whakahaere is also responsible for the publication of
the financial statements and non-financial performance information, whether in printed or electronic form.
Te Mana Whakahaere’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 200 l 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.
B H Halford
Audit New Zealand
On behalf of the Auditor-General
Tauranga, New Zealand
47 TE PŪRONGO 2013
