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Independent Auditor ’ s Report to the Members of KU Children ’ s Services
Opinion
We have audited the financial report of KU Children ’ s Services ( the “ Entity ”) which comprises the statement of financial position as at 31 December 2022 , the statement of profit or loss and other comprehensive income , the statement of changes in equity and the statement of cash flows for the year then ended , and notes to the financial statements , including a summary of significant accounting policies , and the declaration by the Board of Directors .
In our opinion , the accompanying financial report of the Entity is in accordance with Division 60 of the Australian Charities and Not-for-profits Commission Act 2012 ( the “ ACNC Act ”), including :
( i ) giving a true and fair view of the Entity ’ s financial position as at 31 December 2022 and of its financial performance for the year then ended ; and
( ii ) complying with Australian Accounting Standards – Simplified Disclosures and Division 60 of the Australian Charities and Not-for-profits Commission Regulation 2013 .
Basis for Opinion
We conducted our audit in accordance with Australian Auditing Standards . Our responsibilities under those standards are further described in the Auditor ’ s Responsibilities for the Audit of the Financial Report section of our report . We are independent of the Entity in accordance with the auditor independence requirements of the ACNC Act and the ethical requirements of the Accounting Professional & Ethical Standards Board ’ s APES 110 Code of Ethics for Professional Accountants ( including Independence Standards ) ( the “ Code ”) that are relevant to our audit of the financial report in Australia . We have also fulfilled our other ethical responsibilities in accordance with the Code .
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion .
Other Information
The Board of Directors are responsible for the other information . The other information comprises the information included in the Entity ’ s annual report for the year ended 31 December 2022 , but does not include the financial report and our auditor ’ s report thereon .
Our opinion on the financial report does not cover the other information and we do not express any form of assurance conclusion thereon .
In connection with our audit of the financial report , our responsibility is to read the other information and , in doing so , consider whether the other information is materially inconsistent with the financial report or our knowledge obtained in the audit , or otherwise appears to be materially misstated . If , based on the work we have performed , we conclude that there is a material misstatement of this other information , we are required to report that fact . We have nothing to report in this regard .
Liability limited by a scheme approved under Professional Standards Legislation . Member of Deloitte Asia Pacific Limited and the Deloitte organisation .
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