Broadcasting Act, 1999 (Act No. 4 of 1999)

Regulations

Regulations regarding Television Licence Fees

Annexures

Annexure C : Report of the Independent Auditor/Accounting Officer to (XYZ (Pty) Ltd/CC)
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ANNEXURE C

 

XYZ (Pty) Ltd/CC

 

Address

 

 

 

Dear Sir

 

REPORT OF THE INDEPENDENT AUDITOR / ACCOUNTING OFFICER to (XYZ (PTY) LTD/CC)

 

Scope

 

We have performed the procedures agreed with you and described below with respect to the number of television sets owned/possessed/used/rented out/sold/alienated* by company/group/corporation. Our engagement was undertaken in accordance with the statement of South African Auditing Standards applicable to agreed-upon procedures. The responsibility for determining the adequacy of the procedures agreed to be performed is that of the company/group/corporation. Our procedures were performed solely to assist you in verifying the number of television sets owned/possessed/used/rented out/sold/alienated by the company/group/corporation. These procedures are summarised as follows:

 

Number of sets:

 

1.Obtained from management the number of television sets owned/possessed/used/rented out/sold/alienated by the company/group/corporation during the financial year/period.

 

2.Agreed the above quantity to the fixed asset register/the accounting records of the entity.*

 

3.Ensure that the above quantity, in the case of a business or a lessor, is reasonably stated by, either performing a reasonability test considering the amount of venues where the company/group/corporation uses the sets, or by way of a physical count.

 

or

 

Ensure that the above quantity, in the case of a dealer, is reasonable stated by performing a reasonability test considering the amount of sets in stock at the beginning of the period plus the amount of sets purchased less the closing stock amount.*

 

Findings

 

We report our findings below:

 

Number of sets:

 

1.(Include the number of television sets)

 

2.(Done / In the case of a business or a lessor, all the above sets are not disclosed in the fixed asset register- difference being ...)*

 

or

 

(Done / In the case of a dealer, the above amount does not agree to the accounting records - difference being ... )*

 

3.(Done/ The amount per the reasonability test or physical count is ..............).

 

Had we performed additional procedures or had we performed an audit or review of the financial statements in accordance with statements of South African Auditing Standards, other matters might have come to our attention that would have been reported to you.

 

This report relates only to the items specified above, and does not extend to any financial statements of company/group/corporation taken as a whole.

 

It is supplied on the basis that it is for the sole use of the parties to whom it is addressed and exclusively for the purposes set out herein. No party other than those to whom it is addressed may rely upon this report for any purpose whatsoever.

 

Copies may be made available to the addressee's advisors, provided that the report is to be used by them solely for the purposes stated herein and provided that they are made aware of the terms of this paragraph. It must not be made available or copied in whole or in part to any other party without our prior express written consent, which consent may be given or withheld at our absolute discretion. This limitation will obviously not apply to the provision of this report in compliance with any order of court, subpoena or other judicially enforceable directive.

 

 

Registered Accountants and Auditors/Accounting Officer

Chartered Accountants (SA)

Date

Place

 

* DELETE WHICHEVER IS NOT APPLICABLE