Financial Report 2022

The University of Hong Kong 香港大學 7 Independent Auditor’s Report to the Council of The University of Hong Kong 獨立核數師報告　致香港大學校務委員會 其他信息 大學校務委員會須對其他信息負責。其他信息包括司 庫報告書內的信息，但不包括合併財務報表及我們的 核數師報告。 我們對合併財務報表的意見並不涵蓋其他信息，我們 亦不對該等其他信息發表任何形式的鑒證結論。 結合我們對合併財務報表的審計，我們的責任是閱讀 其他信息，在此過程中，考慮其他信息是否與合併財 務報表或我們在審計過程中所了解的情況存在重大抵 觸或者似乎存在重大錯誤陳述的情況。 基於我們已執行的工作，如果我們認為其他信息存在 重大錯誤陳述，我們需要報告該事實。在這方面，我 們沒有任何報告。 大學校務委員會及大學審核委員會就合併 財務報表須承擔的責任 大學校務委員會須負責根據香港會計師公會頒布的《香 港財務報告準則》擬備真實而中肯的合併財務報表，並 對其認為為使合併財務報表的擬備不存在由於欺詐或 錯誤而導致的重大錯誤陳述所需的內部控制負責。 在擬備合併財務報表時，大學校務委員會負責評估機 構持續經營的能力，並在適用情況下披露與持續經營 有關的事項，以及使用持續經營為會計基礎，除非大 學校務委員會有意將機構清盤或停止經營，或別無其 他實際的替代方案。 大學審核委員會須負責監督機構的財務報告過程。 OTHER INFORMATION The Counc i l o f t he Un i ve r s i t y i s r espons i b l e f or t he ot he r information. The other information comprises the information included in the Treasurer’s Report, but does not include the consolidated financial statements and our auditor’s report thereon. Our opinion on the consolidated financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. I n connec t i on wi th our aud i t of the conso l i da t ed f i nanc i a l statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the consolidated financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. RESPONSIBI L I T IES OF THE COUNCI L AND THE AUDIT COMMITTEE OF THE UNIVERSITY FOR THE CONSOLIDATED FINANCIAL STATEMENTS The Council of the University is responsible for the preparation of the consolidated financial statements that give a true and fair view in accordance with HKFRSs issued by the HKICPA, and for such internal control as the Council of the University determines is necessary to enable the preparation of consolidated financial statements that are free from material misstatement, whether due to fraud or error. In preparing the consolidated financial statements, the Council of the University is responsible for assessing the Group’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Council of the University either intends to liquidate the Group or to cease operations, or has no realistic alternative but to do so. The Audit Committee of the University is responsible for overseeing the Group’s financial reporting process. 2022 Financial Report 二零二二財務報告 8 Independent Auditor’s Report to the Council of The University of Hong Kong 獨立核數師報告　致香港大學校務委員會 核數師就審計合併財務報表承擔的責任 我們的目標，是對合併財務報表整體是否不存在由於 欺詐或錯誤而導致的重大錯誤陳述取得合理保證， 並出具包括我們意見的核數師報告。我們僅按照香 港大學之規程向大學校務委員會（作為整體）報告我 們的意見，除此之外本報告別無其他目的。我們不 會就本報告的內容向任何其他人士負上或承擔任何 責任。合理保證是高水平的保證，但不能保證按照 《香港審計準則》進行的審計，在某一重大錯誤陳述存 在時總能發現。錯誤陳述可以由欺詐或錯誤引起，如 果合理預期它們單獨或滙總起來可能影響合併財務報 表使用者依賴合併財務報表所作出的經濟決定，則有 關的錯誤陳述可被視作重大。 在根據《香港審計準則》進行審計的過程中，我們運用 了專業判斷，保持了專業懷疑態度。我們亦： • 識別和評估由於欺詐或錯誤而導致合併財務報表 存在重大錯誤陳述的風險，設計及執行審計程序 以應對這些風險，以及獲取充足和適當的審計憑 證，作為我們意見的基礎。由於欺詐可能涉及串 謀、偽造、蓄意遺漏、虛假陳述，或凌駕於內部 控制之上，因此未能發現因欺詐而導致的重大錯 誤陳述的風險高於未能發現因錯誤而導致的重大 錯誤陳述的風險。 • 了解與審計相關的內部控制，以設計適當的審計 程序，但目的並非對機構內部控制的有效性發表 意見。 • 評價大學校務委員會所採用會計政策的恰當性及 作出會計估計和相關披露的合理性。 AUDITOR’S RESPONSIBILITIES FOR THE AUDIT OF THE CONSOLIDATED FINANCIAL STATEMENTS Our objectives are to obtain reasonable assurance about whether the consolidated financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. We report our opinion solely to you, as a body, in accordance with the Statutes of the University and for no other purpose. We do not assume responsibility towards or accept liability to any other person for the contents of this report. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with HKSAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these consolidated financial statements. As part of an audit in accordance with HKSAs, we exercise professional judgement and maintain professional scepticism throughout the audit. We also: • Identify and assess the risks of material misstatement of the consolidated financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. • Obtain an understanding of internal control relevant to the audit 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 Group’s internal control. • Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Council of the University.