Page 242 - DSD ANNUAL REPORT 2022-2

DISASTER RELIEF FUND PART E: FINANCIAL INFORMATION
Report of the Auditor-General to the Minister of Social Development on
the Disaster Relief Fund

Report on the audit of the financial statements

Opinion
1. I have audited the financial statements of the Disaster 9. In preparing the financial statements, the accounting authority
Relief Fund set out on pages 245 to 252, which comprise is responsible for assessing the fund’s ability to continue as
the statement of financial position as at 31 March 2022, the a going concern, disclosing, as applicable, matters relating to
statement of financial performance, statement of changes in going concern and using the going concern basis of accounting
net asset and cash flow statement for the year then ended, as unless the appropriate governance structure either intends to
well as notes to the financial statements, including a summary liquidate the fund or to cease operations, or has no realistic
of significant accounting policies. alternative but to do so.
2. In my opinion, the financial statements present fairly, in all
material respects, the financial position of the Disaster Relief Auditor-general’s responsibilities for the audit of the
Fund as at 31 March 2022 and its financial performance financial statements
and cash flows for the year then ended in accordance with 10. My objectives are to obtain reasonable assurance about
Standards of Generally Recognised Accounting Practice whether the financial statements as a whole are free from
(GRAP) and the requirements of the general notice issued in material misstatement, whether due to fraud or error,
terms of the Public Audit Act of South Africa, 2004 (Act No. 25 and to issue an auditor’s report that includes my opinion.
of 2004) (PAA). Reasonable assurance is a high level of assurance but is not
a guarantee that an audit conducted in accordance with the
Basis for opinion ISAs will always detect a material misstatement when it
3. I conducted my audit in accordance with the International exists. Misstatements can arise from fraud or error and are
Standards on Auditing (ISAs). My responsibilities under those considered material if, individually or in aggregate, they could
standards are further described in the auditor-general’s reasonably be expected to influence the economic decisions
responsibilities for the audit of the financial statements of users taken on the basis of these financial statements.
section of my report. 11. A further description of my responsibilities for the audit of
4. I am independent of the fund in accordance with the the financial statements is included in the annexure to this
International Ethics Standards Board for Accountants’ auditor’s report.
International code of ethics for professional accountants
(including International Independence Standards) (IESBA Report on the audit of the annual
code) as well as other ethical requirements that are relevant performance report
to my audit in South Africa. I have fulfilled my other ethical
responsibilities in accordance with these requirements and 12. The fund is not required to prepare a report on its performance
the IESBA code. against predetermined objectives, as it does not fall within the
5. I believe that the audit evidence I have obtained is sufficient ambit of the PFMA and such reporting is not required in terms
and appropriate to provide a basis for my opinion. of the entity’s specific legislation.

Material uncertainty relating to going concern Report on the audit of compliance with
6. I draw attention to the matter below. My opinion is not legislation
modified in respect of this matter.
7. I draw attention to note 17 to the financial statements, which Introduction and scope
indicates that the enabling act of the fund, the Fund Raising 13. In accordance with the PAA and the general notice issued
Act of South Africa, 1978 (Act 107 of 1978), will be amended in terms thereof, I have a responsibility to report material
resulting in the dissolution of the fund. As stated in note findings on the fund’s compliance with specific matters in key
17, these events or conditions, along with the other matters legislation. I performed procedures to identify findings but not
as set forth in note 17, indicate that a material uncertainty to gather evidence to express assurance.
exists that may cast significant doubt on the fund’s ability to 14. I did not identify any material findings on compliance with the
continue as a going concern. specific matters in key legislation set out in the general notice
issued in terms of the PAA.
Responsibilities of the accounting authority for the financial
statements Other information
8. The Accounting Authority is responsible for the preparation 15. The Accounting Authority is responsible for the other
and fair presentation of the financial statements in accordance information. The other information comprises the information
with the Standards of GRAP and the requirements of the PAA, included in the annual report. The other information does not
and for such internal control as the accounting authority include the financial statements and the auditor’s report.
determines it necessary to enable the preparation of financial 16. 16. My opinion on the financial statements and findings on
statements that are free from material misstatement, whether compliance with legislation do not cover the other information
due to fraud or error. and I do not express an audit opinion or any form of assurance
conclusion on it.

242 DEPARTMENT OF SOCIAL DEVELOPMENT ANNUAL REPORT 2021/22