Hertta-Maria Amutenja
The Auditor General Junias Kandjeke said he was not able to provide a basis for the municipality of Otjiwarongo’s audit report as he was not able to obtain enough audit evidence from the municipality’s financial statements for the 2021/22 financial year.
He said this is due to the fact that the municipality has numerous unresolved audit findings from his previoa
In addition to these, the municipality also has unallocated deposits amounting to N$4 507 615 and could not obtain audit evidence to prove the unallocated deposits
“The submitted listing consists of debit entries amounting to N$15 558 338 and credit entries amounting to N$20 065 864, and the management could not match and reconcile.
In light of inventories the Auditor said they were unable to observe the counting of physical inventories stated at N$2 546 771 (in 2021 it had N$21 586 580) in the annual financial statements, therefore they were unable to obtain sufficient appropriate audit evidence to confirm the existence, completeness, valuation and accuracy of the inventory by alternative audit procedures.
Moreover, on the buildings, Kandjeke said the municipality has land and buildings worth N$42 million which is not being properly recorded.
“The auditors have identified that the fixed assets register for the land and buildings is not properly maintained, as there are no recordings of the Erf numbers, Erf sizes, title deed numbers, deemed cost of land and buildings and the description on the nature of the use of the land and buildings,” he stated.
