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Intertek - Management Representation Letter

This document is a management representation letter from the trustees of the Employees’ Gratuity Fund of Intertek Bangladesh Limited to Snehasish Mahmud & Co, confirming their responsibilities for the fair presentation of the fund's financial statements as of December 31 for the years 2015 and 2016. The trustees affirm that the statements conform to accounting principles and disclose no material misstatements or noncompliance with laws. They also confirm the availability of all relevant documentation and the absence of significant fraud or errors affecting the financial statements.

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Zahirul Islam
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71 views3 pages

Intertek - Management Representation Letter

This document is a management representation letter from the trustees of the Employees’ Gratuity Fund of Intertek Bangladesh Limited to Snehasish Mahmud & Co, confirming their responsibilities for the fair presentation of the fund's financial statements as of December 31 for the years 2015 and 2016. The trustees affirm that the statements conform to accounting principles and disclose no material misstatements or noncompliance with laws. They also confirm the availability of all relevant documentation and the absence of significant fraud or errors affecting the financial statements.

Uploaded by

Zahirul Islam
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOC, PDF, TXT or read online on Scribd

Private and Confidential

Snehasish Mahmud & Co


Chartered Accountants Date: 7
February 2017
Plot10 (3rd Floor), Road -9
Block –J, Baridhara
Dhaka 1212

Dear Sirs

Sub: Management Representation

This representation letter is provided in connection with your audit


of the balance sheet of Employees’ Gratuity Fund of Intertek
Bangladesh Limited (the "Fund") as at 31 December 2015, 2016
and the related revenue account for the year then ended (the
"statements of accounts") and other explanatory notes for the
purposes of expressing an opinion as to whether the statements of
accounts conform with the requirements of trust deed and
generally accepted accounting principles applicable in Bangladesh.
We are pleased to confirm our acceptance and our understanding
of these engagements by means of this letter.

We acknowledge our responsibility for the fair presentation of the


statements of accounts in accordance with trust deed and generally
accepted accounting principles.

We confirm, to the best of our knowledge and belief, the following


representations:

 The statement of accounts of the fund referred to above has


been prepared and presented in accordance with generally
accepted accounting principles.

 We have made available to you all books of account and


supporting documentation, and all minutes of meetings of
Trustees.
 There are no material transactions that have not been
properly recorded in the accounting records underlying the
statements of accounts.

 There has been no known actual or possible noncompliance


with laws and regulations that could have a material effect on
the statements of accounts in the event of noncompliance.

 We acknowledge responsibility for the design and


implementation of internal control to prevent and detect
fraud and error.

 To the best of our knowledge we believe that there is no


significant fact relating to any known frauds or suspected
frauds that may have affected the entity.

 We believe that there is no in-correct or misstatements which


are material both individually and in aggregate to statements
of accounts as a whole.
 We believe that there is no in-correct or misstatements which
are material both individually and in aggregate to statements
of accounts as a whole.

 The fund has satisfactory title to all assets and there are no
liens or encumbrances on the fund's assets maintained by the
trustees.

 We have recorded or disclosed, as appropriate, all income


and expenses as per consistent accounting policies of the
fund as determined by the trustees.

 To the best of our knowledge and belief, no events have


occurred subsequent to the balance sheet date and through
the date of this letter that may require adjustment to or
disclosure in the aforementioned statements of accounts.

Yours faithfully

_____________ ______________
Trustee Trustee

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