2017 STANSW Annual Report 2017 STANSW ANNUAL REPORT AND FINANCIAL REPORT | Page 49

- 2 - Qualified Audit Opinion As is common for organisations of this type, it is not practicable for The Science Teachers’ Association of New South Wales Inc. to maintain an effective system of internal control over donations, subscriptions and other fund raising activities until their initial entry in the accounting records. Accordingly, our audit in relation to fund raising was limited to amounts recorded. Audit Opinion In our opinion, except for the effects of such adjustments, if any, as might have been determined to be necessary had the limitation discussed in the qualified audit opinion paragraph not existed, the financial report presents fairly in accordance with the accounting policies described in Note 1 to the financial statements, the financial position of The Science Teachers’ Association of New South Wales Inc. as at 31 December, 2017 and the results of its operations for the year then ended. Date: 10 May, 2018 5th Floor, 20-24 Wentworth Street PARRAMATTA NSW 2150 TERRENCE E. GIBBS Registered Company Auditor - 3311