Page 38 - SIGA Annual Report 2014

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38
INDEPENDENT AUDITOR’S REPORT
TO THE MEMBERS OF THE SASKATCHEWAN INDIAN GAMING AUTHORITY INC.
We have audited the accompanying financial statements of the Saskatchewan Indian Gaming Authority Inc., which
comprise the statement of financial position as at March 31, 2014, and the statements of comprehensive income,
changes in deficit, and cash flows for the year then ended, and a summary of significant accounting policies and other
explanatory information.
Management’s Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in accordance with
International Financial Reporting Standards, and for such internal control as management determines is necessary to
enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
Auditor’s Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in
accordance with Canadian generally accepted auditing standards. Those standards require that we comply with ethical
requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements
are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial
statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of
material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments,
the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial
statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose
of expressing an opinion on the effectiveness of the entity’s internal control. An audit also includes evaluating the
appropriateness of accounting policies used and the reasonableness of accounting estimates made by management,
as well as evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained in our audit is sufficient and appropriate to provide a basis for
our audit opinion.
Opinion
In our opinion, the financial statements present fairly, in all material respects, the financial position of the Saskatchewan
Indian Gaming Authority Inc. as at March 31, 2014, and its financial performance and its cash flows for the year then
ended in accordance with International Financial Reporting Standards.
Chartered Accountants
June 4, 2014
Saskatoon, Saskatchewan
Deloitte LLP
122 1st Ave. S.
Suite 400, PCS Tower
Saskatoon SK S7K 7E5
Canada
Tel: 306-343-4400
Fax: 306-343-4480
www.deloitte.ca