The state audit of the consolidated financial statements of the Health Department of the Akimat of Kostanay region for 2022 covered the financial statements of the State Institution "Health Department of the Akimat of Kostanay region" and three of its subordinate institutions, including: KSU "Rudnensky specialized children's home for children with organic damage to the central nervous system and mental disorders", KSU "Kostanay Children's Home "Dolphin" of the Health Department of the Akimat of Kostanay region, KSU "Kostanay regional base of special medical supply" of the Health Department of the Akimat of Kostanay region.
The audit covered 1,459,532.0 thousand tenge (the currency of the balance sheet at the end of the reporting period). The total amount of established violations of the legislation of the Republic of Kazakhstan amounted to 1,828,378.8 thousand tenge.
Opinion: The currency of the consolidated balance sheet of the Management as of January 1, 2023 is 1,495,532.0 thousand tenge. The level of materiality for the consolidated financial statements as a whole is determined in the amount of 2% of the balance sheet currency and amounts to 29,190.6 thousand tenge. Taking into account that the level of risk of material misstatements for the Management KFO is defined as high, the materiality threshold was determined in the amount of KZT 14,595.3 thousand (the materiality level was reduced by 50%).
The total amount of distortions established by the Management's KFO for 2022 amounted to 1,828,378.8 thousand tenge, including:
- misstatements of financial statements that are financial violations amounted to 1,622.0 thousand tenge;
- distortions of financial statements that are procedural violations amounted to 1,826,756.8 thousand tenge.
- the number of procedural violations is 7 units.
Taking into account that the total amount of distortions exceeds the threshold and the level of materiality, a qualified opinion was expressed on the Management's KFO for 2022.
In our opinion, with the exception of the impact on the financial statements of the circumstances set out in the relevant paragraphs of the audit report containing the basis for expressing an opinion with a reservation, the consolidated financial statements of the Management present fairly, in all material aspects, the financial position as at December 31, 2022, the results of financial and economic activities and cash flows for 2022 year in accordance with the requirements established by the legislation of the Republic of Kazakhstan in the field of accounting and financial reporting.
Explanatory paragraph: Without changing our opinion on the reliability of the financial statements, we draw attention to the following information set out in the explanation to the financial statements: three subordinate institutions are subject to consolidation, the amount of violations for which amounted to KZT 9,380.7 thousand.