Page 333 - Department of Social Development Annual Report 2021

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PART E: FINANCIAL INFORMATION

REFUGEE RELIEF FUND

REPORT OF THE AUDITOR-GENERAL TO MINISTER OF SOCIAL DEVELOPRMENT ON THE REFUGEE
RELIEF FUND
Report on the audit of the ﬁnancial statements

Responsibilities of the board for the ﬁnancial statements Other information
Opinion
8. The board, which constitutes the accounting
authority, is responsible for the preparation and 14. The Refugee Relief Fund’s accounting authority is
1. I have audited the ﬁnancial statements of the of fair presentation of the ﬁnancial statements in responsible for the other information. The other
the Refugee Relief Fund set out on pages 335 to accordance with the Standards of GRAP and the information comprises the information included in
342, which comprise the statement of ﬁnancial requirements of the Fund-Raising Act and for such the annual report. The other information does not
position as at 31 March 2021, the statement of internal control as the accounting authority include the ﬁnancial statements and the auditor’s
ﬁnancial performance, the statement of changes determines is necessary to enable the preparation report thereon.
in net assets, and cash ﬂow statement for the of ﬁnancial statements that are free from material 15. My opinion on the ﬁnancial statements does not
year then ended, as well as notes to the ﬁnancial misstatement, whether due to fraud or error. cover the other information and I do not express
statements, including a summary of signiﬁcant 9. In preparing the ﬁnancial statements, the an audit opinion or any form of assurance
accounting policies. conclusion thereon.
2. In my opinion, the ﬁnancial statements present accounting authority is responsible for assessing 16. In connection with my audit, my responsibility is to
the fund’s ability to continue as a going concern,
fairly, in all material respects, the ﬁnancial disclosing, as applicable, matters relating to going read the other information and, in doing so,
position of the Refugee Relief Fund as at 31 March concern and using the going concern basis of consider whether the other information is
2021, and its ﬁnancial performance and cash ﬂows accounting unless the appropriate governance materially inconsistent with the ﬁnancial
for the year then ended in accordance with the structure either intends to liquidate the fund or to statements, or my knowledge obtained in the
Standards of Generally Recognised Accounting cease operations, or has no realistic alternative audit, or otherwise appears to be materially
Practice (GRAP). misstated.
but to do so
. 17. If based on the work I have performed, I conclude
Basis for opinion Auditor-general’s responsibilities for the audit of the that there is a material misstatement in this other
3. I conducted my audit in accordance with the ﬁnancial statements information, I am required to report that fact.
International Standards on Auditing (ISAs). My 10. My objectives are to obtain reasonable assurance 18. I have nothing to report in this regard
responsibilities under those standards are further about whether the ﬁnancial statements as a whole
described in the auditor-general’s responsibilities are free from material misstatement, whether due Internal control deﬁciencies
for the audit of the ﬁnancial statements section of to fraud or error, and to issue an auditor’s report
my report. 19. I considered internal control relevant to my audit
4. I am independent of the fund in accordance with that includes my opinion. Reasonable assurance is of the ﬁnancial statements; however, my objective
a high level of assurance, but is not a guarantee
the International Ethics Standards Board for that an audit conducted in accordance with the was not to express any form of assurance thereon.
Accountants’ International code of ethics for ISAs will always detect a material misstatement I did not identify any signiﬁcant deﬁciencies in
professional accountants (including International when it exists. Misstatements can arise from fraud internal control.
Independence Standards) (IESBA code), as well as or error and are considered material if,
other ethical requirements that are relevant to my individually or in aggregate, they could reasonably
audit in South Africa. I have fulﬁlled my other be expected to inﬂuence the economic decisions
ethical responsibilities in accordance with these of users taken on the basis of these ﬁnancial
requirements and the IESBA code.
statements.
5. I believe that the audit evidence I have obtained is 11. A further description of my responsibilities for the
sufﬁcient and appropriate to provide a basis for my audit of the ﬁnancial statements is included in the
opinion.
annexure to the auditor’s report.
Material uncertainty related to going concern Performance information reporting
6. I draw attention to the matter below. My opinion
is not modiﬁed in respect of this matter. Pretoria
7. The enabling act of the fund, the Fund Raising Act 12. As the fund was dormant for the year under review, 31 July 2021
no work was performed on the audit of
of South Africa, 1978 (Act No. 107 of 1978), will be performance information.
amended that will result in the dissolution of the
fund. As stated in note 10, these events or Audit of compliance with legislation
conditions, along with the other matters as set 13. As the fund was dormant for the year under review,
forth in note 10, indicate that a material no work was performed on the audit of compliance
uncertainty exists that may cast signiﬁcant doubt with legislation.
on the fund’s ability to continue as a going
concern.

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