Disclaimer audit for Heritage Council
25 October 2021 | Local News
ELLANIE SMIT
WINDHOEK
Auditor-General (AG) Junias Kandjeke has distanced himself from the financial statements of the National Heritage Council for the 2019/2020 financial year.
He said a disclaimer audit opinion is being expressed due to the fact that he was he was unable to obtain sufficient and appropriate evidence to provide a basis for an audit opinion.
According to Kandjeke, auditors were unable to verify the ownership of the Brandberg national heritage site, Twyfelfontein world heritage site and the Petrified Forest national heritage site.
They could also not establish the accuracy of an amount of N$29.35 million allocated to these properties by the agriculture ministry through the Office of the Valuer General, due to non-submission of proof of ownership and detailed valuation reports.
He said physical verification of items of property, plants and equipment disclosed in financial statements could not be performed due to asset identification numbers in the fixed asset register not matching those on the physical assets.
Therefore, the completeness and existence of the items could not be confirmed, he said.
Non-compliance
The auditors were also unable to verify the accuracy of leave days provision disclosed at N$316 838 due to incomplete records.
Kandjeke said property, plants and equipment with an insured sum of more than N$9.2 million - as per the council’s insurance policy - were not even disclosed in financial statements.
In addition, the council did not comply with Section 25 of the Public Procurement Act, which requires the preparation of an annual procurement plan.
[email protected]
WINDHOEK
Auditor-General (AG) Junias Kandjeke has distanced himself from the financial statements of the National Heritage Council for the 2019/2020 financial year.
He said a disclaimer audit opinion is being expressed due to the fact that he was he was unable to obtain sufficient and appropriate evidence to provide a basis for an audit opinion.
According to Kandjeke, auditors were unable to verify the ownership of the Brandberg national heritage site, Twyfelfontein world heritage site and the Petrified Forest national heritage site.
They could also not establish the accuracy of an amount of N$29.35 million allocated to these properties by the agriculture ministry through the Office of the Valuer General, due to non-submission of proof of ownership and detailed valuation reports.
He said physical verification of items of property, plants and equipment disclosed in financial statements could not be performed due to asset identification numbers in the fixed asset register not matching those on the physical assets.
Therefore, the completeness and existence of the items could not be confirmed, he said.
Non-compliance
The auditors were also unable to verify the accuracy of leave days provision disclosed at N$316 838 due to incomplete records.
Kandjeke said property, plants and equipment with an insured sum of more than N$9.2 million - as per the council’s insurance policy - were not even disclosed in financial statements.
In addition, the council did not comply with Section 25 of the Public Procurement Act, which requires the preparation of an annual procurement plan.
[email protected]
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