Pakistan - SOUTH ASIA - P144454 - Global Partnership for Education - Balochistan Education Project - Audited Financial Statement (English)

The Audit Report indicates specific actions that, if taken, will help the management realize the objectives of the project. [...] We have audited the accompanying financial statements of the Balochistan Education Project-Global Partnership for Education in Balochistan (BEP-GPE), Quetta that comprises Statement of Receipts and Payments, Statement of Comparison of Budget and Actual together with the notes forming part thereof for the financial year ended June 30, 2020. [...] Management Responsibility It is the responsibility of project management to establish and maintain a system of internal control, and prepare and present the Statement of Receipts and Payments in conformity with the requirements of Cash Basis IPSAS, Financial Reporting under the Cash Basis of Accounting Standard. [...] Auditor's Responsibility The responsibility of the auditor is to express an opinion on the financial statement based on the audit conducted. [...] Opinion In our opinion: a) The financial statements present fairly, in all material respects, the cash receipts and payments by the project for the period 2019-20, in accordance with Cash Basis IPSAS, Financial Reporting under the Cash Basis of Accounting Standard.