Page 137 - WCPP Annual Report 2021-22_Draft #7.6.2

Annual Report for the 2021/22 Financial Year
Vote 2: Western Cape Provincial Parliament
Part E: Financial Information for the year ended 31 March 2022

PART E: FINANCIAL INFORMATION

REPORT OF THE AUDITOR-GENERAL TO WESTERN CAPE PROVINCIAL PARLIAMENT ON VOTE NO. 2:
WESTERN CAPE PROVINCIAL PARLIAMENT

Report on the audit of the financial statements

Opinion

1. I have audited the financial statements of the Western Cape Provincial Parliament set out on

pages 128 to 180, which comprise the statement of financial position as at 31 March 2022, the
statement of financial performance, statement of changes in net assets, cash flow statement

and statement of comparison of budget and actual amounts for the year then ended, as well

as the notes to the financial statements, including a summary of significant accounting

policies.
2. In my opinion, the financial statements present fairly, in all material respects, the financial

position of the Western Cape Provincial Parliament as at 31 March 2022, and its financial

performance and cash flows for the year then ended in accordance with the Standards of

Generally Recognised Accounting Practice (GRAP) and the requirements of the Financial

Management of Parliament and Provincial Legislature Act 10 of 2009 (FMPPLA).

Basis for the opinion

3. I conducted my audit in accordance with the International Standards on Auditing (ISAs). My

responsibilities under those standards are further described in the auditor-general’s
responsibilities for the audit of the financial statements section of my report.

4. I am independent of the Western Cape Provincial Parliament in accordance with the

International Ethics Standards Board for Accountants’ International code of ethics for

professional accountants (including International Independence Standards) (IESBA code) as

well as other ethical requirements that are relevant to my audit in South Africa. I have fulfilled

my other ethical responsibilities in accordance with these requirements and the IESBA code.

5. I believe that the audit evidence I have obtained is sufficient and appropriate to provide a

basis for my opinion.

Emphasis of matter

6. I draw attention to the matter below. My opinion is not modified in respect of this matter.

Material underspending of the budget

7. As disclosed in the statement of comparison of budget and actual amounts, the legislature has
materially underspent the budget on a comparable basis to the amount of R21 364 640
(9,8%).

Annual Report for 2021/22 Financial Year Page 122