Statement of trust money
Annual Report for the year ended 30 June 2009.
for the year ended 30 June 2009
On 1 November 1996, the Office was appointed Secretary-General of the Pacific Association of Supreme Audit Institutions (PASAI). PASAI exists to encourage, promote, and advance co-operation among its public audit members.
A trust account records the financial transactions the Office carries out on behalf of PASAI. All trust money transactions are recorded on a cash basis.
None of the transactions associated with the PASAI trust account are recorded within the Statement of financial performance or the Statement of financial position.
| Actual 2008 $000 |
Actual 2009 $000 |
|
|---|---|---|
| 22 | Opening balance at 1 July | 22 |
| 2 | Receipts | 60 |
| (2) | Payments | (71) |
| 22 | Closing balance at 30 June | 11 |
The accompanying notes form part of these financial statements.
page top