|
ELECTRICITY INSTALLATION.
|
NO |
ITEM |
QUANTITY |
UNIT COST |
TOTAL |
|
01. |
Electrical poles |
4 |
500,000/= |
2.000,000/= |
|
02 |
Service cable |
8 meters |
50,000/= |
400,000/= |
|
03 |
Labour and wiring |
|
1.000.000/= |
1,000,000/= |
|
|
SUB TOTAL |
|
|
3,400,000/= |
BUDGET SUMMARY
|
NO |
ITEM |
AMOUNT |
|
1. |
3 Blocks construction |
71,910,000/= |
|
|
Scholastic materials |
1,950,000/= |
|
|
Library stock |
24,094,000 |
|
4. |
School furniture |
7,230,000/= |
|
5. |
Electricity installation |
3,400,000/= |
|
|
GRAND TOTAL |
108,584,000/= |
The community contribution will be 3,584, 000/= (Three millions five hundred and eighty four thousand shillings only.) We are there fore requesting for 108,000,000/= Uganda shillings.
AUDITOR’S REPORT.
We were appointed by ST ANDREWS ACADEMIC CENTRE NURSERY AND PRIMARY SCHOOL:-
- Examine the records and books of Accounts and the annexed income and expenditure account and balance sheets for the years ended 31st /Dec/ 2007
/2008.
- Review the internal control structure in order to determine whether the school management has put in place satisfactory control aimed at preventing, reducing or eliminating financial errors.
- The audit was conducted in accordance with the generally accepted auditing and accounting standards as required by the financial act.
AUDIT APPROACH.
PRE- AUDIT STEPS
- Held initial discussions with the headteacher, Director and the bursar of the school.
- Obtained all the financial books for the years under audit.
- In summary we verified that all the expenditure were in accordance with the budgets for these years.
OPINION
In our opinion the income an expenditure account and annexed balance sheets is true and fair as at 31st /12/2007 /2008.
Continued on Page 5
| 
Ecayso Proposal