CONSENT RESOLUTIONS OF THE SHAREHOLDER OF RICHMOND OLYMPIC OVAL CORPORATION
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Other Information
Management is responsible for the other information. Other information comprises:
x
the information, other than the financial statements and the auditor’s report thereon,
included in the 2022 annual report.
Our opinion on the financial statements does not cover the other information and we do
not and will not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the
other information identified above and, in doing so, consider whether the other
information is materially inconsistent with the financial statements or our knowledge
obtained in the audit and remain alert for indications that the other information appears
to be materially misstated.
We obtained the information, other than the financial statements and the auditor’s report
thereon, included in the 2022 annual report as at the date of this auditor’s report.
If, based on the work we have performed on this other information, we conclude that
there is a material misstatement of this other information, we are required to report that
fact in the auditor’s report.
We have nothing to report in this regard
Responsibilities
of
Management
and
Those
Charged
with
Governance for the Financial Statements
Management is responsible for the preparation and fair presentation of the financial
statements in accordance with Canadian public sector accounting standards, and for such
internal control as management determines is necessary to enable the preparation of
financial statements that are free from material misstatement, whether due to fraud or
error.
In preparing the financial statements, management is responsible for assessing the
Corporation’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
management either intends to liquidate the Corporation or to cease operations, or has no
realistic alternative but to do so.
Those charged with governance are responsible for overseeing the Corporation’s financial
reporting process.
Auditor’s Responsibilities for the Audit of the Financial Statements
Our objectives are to obtain reasonable assurance about whether the 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.
Reasonable assurance is a high level of assurance, but is not a guarantee that an audit
conducted in accordance with Canadian generally accepted auditing standards will always
detect a material misstatement when it exists.
CNCL – 9
(Special)
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