I have audited the Statement of Assets and Liabilit ies of the Commonwealth of Dominica – Consolidated Fund and other related stat ements of accounts for the year ended June 30 th 2009, as presented by the Accountant General.
By Section 17 of the Financial (Administration) Act # 4 of 1994, the Accountant General is responsible and authorized to prepare and presen t the financial statements of the Commonwealth of Dominica – Consolidated Fund.
My responsibility as Director of Audit is to expres s an opinion on those financial statements based on my audit in accordance with the provisions of Section 83(2) of the Constitution of the Commonwealth of Dominica and th e Audit Act # 5 of 1994.
I conducted the audit in accordance with generally accepted auditing standards along with guidelines established by INTOSAI on governmen t's audits, which require that I plan and perform the audit to obtain reasonable ass urances as to whether the financial statements are free from material misstatements.
The audit procedures included examination on a test basis, of evidence supporting the amounts and other disclosures in the accounts and t he evaluation of accounting policies and estimates. These procedures have been undertake n to form an opinion whether in all material respect, the financial statements so p resented are in agreement with the accounts and records of the Treasury, Ministries an d Departments and present a fair view of the financial transactions of the Governmen t. I believe that my audit provides a fair basis of my opinion.
During the course of my audit, I was not subjected to the control or direction of any other person or authority.
In my opinion, except for concerns raised in Notes 5(iii), 10 and 14, the Financial Statements for fiscal year 2008/2009 presents prope rly, a true and fair view of Government of Dominica – Consolidated Fund financia l transactions as processed through the Government Treasury.
Read the entire Director of Audit's Report for the Financial Year ended June 30, 2009 (PDF, 2.9 MB).