Page 89 - HKCAAVQ AR 2018-19
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Financial Report ৌਕజѓ
Independent Auditor’s Report (continued)
ዹͭࣨᅰࢪజѓࣣᚃ
Auditor’s Responsibilities for the Audit ࣨᅰࢪఱᄲࠇৌਕజڌ
of the Financial Statements וዄʘப
Our objectives are to obtain reasonable assurance about whether the Ңࡁٙͦᅺd݊࿁ৌਕజڌ݊щʔ
financial statements as a whole are free from material misstatement, πί͟ಜൟא፹ႬϾኬߧٙࠠɽ፹Ⴌ
whether due to fraud or error, and to issue an auditor’s report that ࠑ՟ΥଣڭᗇdԨܲኪஔʿᔖ
includes our opinion solely to you, as a body, in accordance with ุ༟ዝ൙ᄲૢԷୋ1150֛ٙ
section 15 of the Hong Kong Council for Accreditation of Academic සΣΌϓࡰԶܼ̍ҢࡁจԈٙࣨᅰ
and Vocational Qualifications Ordinance (Cap. 1150), and for no ࢪజѓfৰϤ˸̮dҢࡁٙజѓʔЪՉ
other purpose. We do not assume responsibility towards or accept ˼͜fҢࡁԨʔఱజѓʘʫ࢙࿁О
liability to any other person for the contents of this report. Reasonable Չ˼ɛɻࠋɪאוዄОபfΥଣڭ
assurance is a high level of assurance, but is not a guarantee that ᗇ݊৷ܓڭᗇdШʔঐڭᗇܲ࠰
an audit conducted in accordance with HKSAs will always detect ಥᄲࠇۆආБٙᄲࠇdίݔɓࠠɽ
a material misstatement when it exists. Misstatements can arise ፹Ⴌࠑπίࣛᐼঐ೯ତf፹Ⴌࠑ̙
from fraud or error and are considered material if, individually or in ˸͟ಜൟא፹Ⴌˏৎdν؈Υଣཫಂ̴
the aggregate, they could reasonably be expected to influence the ࡁఊዹאිᐼৎԸ̙ঐᅂᚤৌਕజڌԴ
economic decisions of users taken on the basis of these financial ͜٫ఱৌਕజڌהЪ̈ٙӔ֛dۆ
statements. Ϟᗫٙ፹Ⴌࠑ̙ൖЪࠠɽf
As part of an audit in accordance with HKSAs, we exercise ί࣬ኽ࠰ಥᄲࠇۆආБᄲࠇٙཀ
professional judgment and maintain professional skepticism ʕdҢࡁ༶͜əਖ਼ุкᓙdڭܵəਖ਼
throughout the audit. We also: ุᕿဲ࿒ܓfҢࡁ͵j
• Identify and assess the risks of material misstatement of the • ᗆйձ൙П͟ಜൟא፹ႬϾኬ
financial statements, whether due to fraud or error, design and ߧৌਕజڌπίࠠɽ፹Ⴌࠑٙ
perform audit procedures responsive to those risks, and obtain ࠬᎈdணࠇʿੂБᄲࠇό˸Ꮠ࿁
audit evidence that is sufficient and appropriate to provide வԬࠬᎈd˸ʿᐏ՟̂ԑձቇٙ
a basis for our opinion. The risk of not detecting a material ᄲࠇኯᗇdЪމҢࡁจԈٙਿᓾf
misstatement resulting from fraud is higher than for one resulting ͟ಜൟ̙ঐऒʿЕፑe৽ிeႅ
from error, as fraud may involve collusion, forgery, intentional จ፲ဍeൈࠑdאὋቷʫ
omissions, misrepresentations, or the override of internal ္છʘɪdΪϤ͊ঐ೯ତΪಜൟϾ
control. ኬߧٙࠠɽ፹Ⴌࠑٙࠬᎈ৷
͊ঐ೯ତΪ፹ႬϾኬߧٙࠠɽ፹
Ⴌࠑٙࠬᎈf
Hong Kong Council for Accreditation of Academic and Vocational Qualifications 89
࠰ಥኪஔʿᔖุ༟ዝ൙ᄲ҅

