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    Management Representation Letter

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    Mahedi
    This representation letter from the Program Director of Compassion International Bangladesh provides representations to the auditors regarding the 2016 financial statements of the Child Sponsorship Program. It acknowledges management's responsibility to prepare accurate financial statements and provide access to accounting records. It also represents that there have been no irregularities or non-compliance that would materially misstate the financial statements, that accounting policies are disclosed, and that subsequent events would not require adjustment to the statements.

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    Management Representation Letter

    Uploaded by

    Mahedi
    763 views2 pages
    This representation letter from the Program Director of Compassion International Bangladesh provides representations to the auditors regarding the 2016 financial statements of the Child Sponsorship Program. It acknowledges management's responsibility to prepare accurate financial statements and provide access to accounting records. It also represents that there have been no irregularities or non-compliance that would materially misstate the financial statements, that accounting policies are disclosed, and that subsequent events would not require adjustment to the statements.

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    This representation letter from the Program Director of Compassion International Bangladesh provides representations to the auditors regarding the 2016 financial statements of the Child Sponsorship Program. It acknowledges management's responsibility to prepare accurate financial statements and provide access to accounting records. It also represents that there have been no irregularities or non-compliance that would materially misstate the financial statements, that accounting policies are disclosed, and that subsequent events would not require adjustment to the statements.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    763 views2 pages

    Management Representation Letter

    Uploaded by

    Mahedi
    This representation letter from the Program Director of Compassion International Bangladesh provides representations to the auditors regarding the 2016 financial statements of the Child Sponsorship Program. It acknowledges management's responsibility to prepare accurate financial statements and provide access to accounting records. It also represents that there have been no irregularities or non-compliance that would materially misstate the financial statements, that accounting policies are disclosed, and that subsequent events would not require adjustment to the statements.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    ACNABIN

    Chartered Accountants
    BDBL Bhaban (Level-13)
    12 Kawran Bazar Commercial Area
    Dhaka 1215
    Bangladesh

    06 October 2016

    Dear Sir,

    MANAGEMENT REPRESENTATION LETTER

    This representation letter is provided in connection with your audit of the financial statements of
    ‘Child Sponsorship Program’ of Compassion International Bangladesh for the year ended 30 June
    2016 for the purpose of expressing an opinion as to whether the financial statements give a true and
    fair view of the financial position of ‘Child Sponsorship Program’ of Compassion International
    Bangladesh as of 30 June 2016 and of the results of its operations and it’s cash flows for the year
    then ended in accordance with the accounting policies as summarized in Note 2 to the financial
    statements.

    We acknowledge as management our responsibilities for preparing financial statements that give a
    true and fair view. All the accounting records have been made available to you for the purpose of
    your audit and all the transactions undertaken by ‘Child Sponsorship Program’ of Compassion
    International Bangladesh have been properly reflected and recorded in the accounting records. All
    other records and related information, including minutes of all Governing Body meetings, have been
    made available to you.

    We confirm, to the best of our Knowledge and belief, the following representations:

    1. There have been no irregularities involving management or employees who have a significant
    role in accounting and internal control systems that could have a material effect on the
    financial statements and we have disclosed to you our assessment of the risk that the financial
    statements might be materially misstated as a result of fraud.

    2. We acknowledge our responsibility for the design and implementation of internal control to
    prevent and detect error. We have established and maintained adequate internal control to
    facilitate the preparation of a reliable financial report and adequate financial records have
    been maintained. There are no material transactions that have not been properly recorded in
    the accounting records underlying the financial report.
    3. The financial statements are free of material misstatement, including omissions.

    4. The accounting policies adopted by ‘Child Sponsorship Program’ of Compassion


    International Bangladesh have been fully disclosed in the notes to the financial statements.

    5. We have no plans or intentions that may materially alter the carrying value or classifications
    of assets and liabilities reflected in the financial statements.

    6. ‘Child Sponsorship Program’ of Compassion International Bangladesh has satisfactory title


    to all assets and there are no liens or encumbrances on the assets.

    7. There are no violations or possible violations of laws or regulations whose effects should be
    considered for disclosure in the financial report or as a basis for recording an expense.

    8. There have been no subsequent events to the year ended that require adjustment of or
    disclosure in the financial statements or notes thereto.

    9. There are no formal or informal compensating balance arrangements with any of our cash
    accounts.

    10. There has been no non-compliance with regulatory requirements that could have a material
    effect on the financial statements in the event of non-compliance.

    11. There were no violation or possible violations of laws and regulations related to money
    laundering & terrorism financing activities whose effects should be considered for disclosure
    in the financial report or as a basis for recording an expense.

    We understand that your examination was made in accordance with relevant Auditing Standards and
    was, therefore, designed primarily for the purpose of expressing an opinion on the financial
    statements of entity as a whole, and that your tests of the financial records and other auditing
    procedures were limited to those which you considered necessary for that purpose.

    Yours faithfully,

    Mr. Michael Dey


    Program Director
    Compassion International Bangladesh

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