English to Chinese: Accounting Report General field: Bus/Financial Detailed field: Accounting
Source text - English Report on the Consolidated Financial Statements
We have audited the accompanying consolidated financial statements of XX and its subsidiaries (the Group), which comprise the consolidated statement of financial position of the group and the company as at 31 March 2012, and the consolidated statement of comprehensive income, statement of changes in equity and cash flow statement of the group, and statement of changes in equity of the company for the reporting year ended, and a summary of significant accounting policies and other explanatory information.
Management’s Responsibility for the Financial Statements
Management is responsible for the preparation of consolidated financial statements the give a true and fair view in accordance with the provisions of the Singapore Companies Act, Chapter 50 (the internal accounting controls sufficient to provide a reasonable assurance that assets are safeguarded against loss from unauthorized use or disposition; and transactions are properly authorized and that they are recorded as necessary to permit the preparation of true and fair statement of comprehensive income and statements of financial position and to maintain accountability of assets.
Our responsibility is to express an opinion on these consolidated financial statements based on audit. We conducted our audit in accordance with Singapore Standards on Auditing. Those standards require that we comply with ethical requirements and plan and perform that audit to obtain reasonable assurance whether the consolidated financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the consolidated financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the consolidated financial internal control relevant to the entity’s preparation of consolidated financial statements that give a true and fair view 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 entity’s internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Native Chinese, five-working experience in translating from English to Chinese for legal documents, project study report, financial statements, webpages etc.
Chinese certified translator