Investor Presentaiton
KPMG
HKSA 700.32
HKSA 720.21
& 22
HKSA 700.33-
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Information other than the consolidated financial statements and auditor's report thereon 43
The directors are responsible for the other information. The other information comprises all the information
included in the annual report, other than 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.
In connection with our audit of the consolidated financial 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.
Responsibilities of the directors for the consolidated financial statements
The directors are 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 the Hong Kong Companies Ordinance and for such
internal control as the directors determine 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 directors are 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 directors either intend to liquidate the group or to cease operations, or
have no realistic alternative but to do so.
The directors are assisted by the Audit Committee in discharging their responsibilities for overseeing the group's
financial reporting process.
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The wording illustrated here is only appropriate when the auditor has obtained all of the other information at least in draft form prior
to the date of the auditor's report and has not identified a material misstatement in the other information. If the auditor has in fact
only obtained part or none of the other information prior to the date of the auditor's report, then the wording will need to be
modified to describe this fact. Please talk to your usual KPMG contact if you would like further information about this requirement.
In addition, the wording illustrated here should be modified in the following situations:
(a) if the auditor's report contains an unmodified opinion but auditor concludes that a material misstatement of the other
information exists; or
(b) if the auditor's report contains a qualified opinion due to a limitation of scope/adverse opinion on the financial statements which
also affects the other information.
Illustrative wording for such situations can be found in Illustrations 5 to 8 of HKSA 720 (Revised).
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