Monday, February 17, 2014

The Ministry of National baby lips chapstick Development has expressed concern that independent audi


HOW MUCH LONGER DO YOU WANT DIRTY POLITICKING TO GO ON? First it was AIM. Then came the hawker centre cleaning issue in which PAP grassroots members played a key role, aided by NEA under an incompetent Vivian Balakrishnan. This was followed by the issue of trade fairs where PAP grassroots advisor Victor Lye and his gang tried to stir controversy. Now we have revelation of the former Managing Agent under PAP withholding information to WP to prevent it from closing its books. read more “Disclaimer of opinion” more severe than “qualified opinion”: MND on auditors' report baby lips chapstick The Ministry of National Development (MND) has said the "disclaimer of opinion" expressed by the independent auditors for Aljunied-Hougang-Punggol East Town Council's latest financial statements is more severe baby lips chapstick than a "qualified opinion". "Disclaimers of opinion" baby lips chapstick are issued by auditors when they refuse to sign off on financial statements completely, due to lack of information. Chairman of the Workers' Party-run Aljunied-Hougang-Punggol East Town Council (AHPETC), Sylvia Lim, had said that the auditors had given a "qualified" but not "adverse" report. read more Auditors' report on AHPETC's financial statements serious, says expert An audit expert said that the findings of independent auditors engaged by the Aljunied-Hougang-Punggol East Town Council (AHPETC) are serious. The auditors had issued a “disclaimer of opinion” for the town council's latest financial statements for the financial year ended March 31, 2013. Observers said the “disclaimer baby lips chapstick of opinion” issued points to deeper issues with the financial statements. related: MND’s observations on auditors' report baby lips chapstick will “mislead public”: Sylvia baby lips chapstick Lim Auditors unable to provide audit opinion on AHPETC's financial statements read more AHPETC auditors' baby lips chapstick disclaimer of opinion on financial statements THE controversy baby lips chapstick over the latest accounts of a Workers' Party-run town council was ramped up a notch last night with  Ms Sylvia baby lips chapstick Lim  releasing a lengthy defence of the council's position, which the  Ministry of National Development (MND) promptly responded to . Ms Lim described as incomplete and misleading the  MND's observations  on the  latest financial statements of the town council  under her charge. Ms Lim, who chairs the Aljunied-Hougang-Punggol East Town Council (AHPETC), was responding to MND's statement on Thursday where it expressed concern that the council's independent auditors had submitted a disclaimer of opinion on its accounts for the second year running. related: Auditors' report on AHPETC's financial statements serious, says expert - 14Feb2014 Auditors unable to provide audit opinion on AHPETC's financial statements - 13Feb2014 read more Auditors unable to fully verify AHPETC accounts for second year The auditors were unable to determine the validity and accuracy of various items in AHPETC’s accounts. These included receivables of some $1.8 million and some $20 million worth of lift repair and lift upgrading expenses. -- ST FILE PHOTO: DESMOND WEE The Ministry of National Development baby lips chapstick has expressed concern that independent auditors have been unable to fully verify Aljunied-Hougang-Punggol East Town Council’s baby lips chapstick (AHPETC) accounts for the second year in a row. In a press statement on Thursday, the ministry noted that the town council had not complied with some provisions of the Town Councils Act and the Town Councils Financial Rules, as reported by the independent auditor. The Workers baby lips chapstick Party-run town council has not been setting aside conservancy and service charges to the bank account of a sinking fund for the maintenance of the estate, the auditor’s report noted. This is mandatory under a section of the Town Councils baby lips chapstick Financial Rules. read more MND responds to AHPETC’s 14 Feb statement The AHPETC auditor expressed a disclaimer of opinion on the TC’s FY2012 financial baby lips chapstick statements. This is more severe than a qualified opinion.
In making the disclaimer, the Auditors raised 13 issues of concern. Of these 13 issues, 4 of them are related to issues the auditor had raised the year before (FY 2011). The TC had assured MND then (15 August 2013) that “most have been rectified, with a few still in progress”. The auditor’s latest report however showed this not to be the case.
The Ministry of National baby lips chapstick Development has expressed concern that independent auditors have been unable baby lips chapstick to fully verify Aljunied-Hougang-Punggol East Town Council's (AHPETC) accounts for the second year in a row. -- ST FILE PHOTO: DESMOND WEE
The Ministry of National Development has expressed concern that independent auditors have been unable to fully verify Aljunied-Hougang-Punggol East Town Council's (AHPETC) accounts for the second year in a row.
In a press statement on Thursday, the ministry noted that the town council had not complied

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