Auditor's Report - City of Pickering

AUDITOR S REPORT
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CHARTERED ACCOUNTANTS
TO
JenniferOConnell
Municipal Elections Act 1996 Section 78
We have audited the Supplementary Statements of Campaign Period Income and Expenses Disposition of
Surplus and Assets and Liabilities of Jennifer OConnell candidate for the campaign period of January 4
2010 to June 30 2011 for the election held on October 25 2010 These financial statements are the
responsibility of JenniferOConnell candidate Our responsibility is to express an opinion
financial statements based upon
our audit
Except as explained in the following paragraph
generally accepted auditing standards Those standards require that we plan and perform
on these
we conducted our audit in accordance with Canadian
an audit to obtain
reasonable assurance that the financial statements are free of material misstatement An audit includes
examining on a test basis evidence supporting the amounts and disclosures in the financial statement An
audit also includes assessing the accounting principles used and significant estimates made by the
candidate as well as evaluating the overall presentation
of the financial statement
Due to the inherent nature of the transactions inherent in an election campaign it is impractical through
auditing procedures to determine that the accounting records include all donations of goods and services
and receipts and disbursements Accordingly our verification of these amounts was limited to ensuring the
the financial statements reflect the amounts recorded in the candidate s accounting records in accordance
with the accounting procedures established by the Municipal Elections Act 1976 and we were unable to
determine whether any adjustments might be necessary to income and expenses assets and liabilities and
surplus deficit
In our opinion except for the effect of any adjustments if any which we might have determined to be
necessary had we been able to satisfy ourselves as to the completeness of the records as described in the
preceding paragraph these financial statements present fairly in all material respects the financial position
of the candidate s election campaign as at June 30 2011 and the income and expenses for the campaign
period from January 4 2010 to June 30 201 land the determination of surplus deficit and the disposition
of surplus in accordance with the accounting treatment prescribed by the Municipal Elections Act 1996
The Municipal Elections Act 1996 does not require us to report nor was it practical for us to determine
that contributions reported include only those which may be properly
provisions of the Municipal Elections Act 1996
retained in accordance with the
RENAUD RUTLAND CHARTERED ACCOUNTANTS
LICENSED PUBLIC ACCOUNTANTS
Pickering Ontario August 12 2011
larr Renaud Ld ard Rolland
Iligh SheetNhi hc Ontario LIN 5117
024 R1R 1C Valley Drive Pickering Ontario LIV 4N7
I 004 6670 104 666 905 Fax
Tel 905 509 023 Fax 9115 509 6
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