24
Mar
Tujoromajo Kasuto AUDITOR General (AG) Junias Kandjeke has given Omaheke Regional Council an adverse audit opinion for failing to present him with a fair reflection of the entity’s financial transactions for the financial year ended 31 March 2018. Kandjeke is confident that the audit evidence he obtained is sufficient and appropriate to provide the basis for the opinion which is being expressed due to the following findings: Absence of acceptable financial reporting framework applicable to public interest entities and unexplained difference of one million dollars in VAT Receivable. · Double recognition of revenue (rates and charges fees) amounting to N$352,311…