Page 130 - Hong Kong Housing Society 香港房屋協會 - Annual Report 2018 年報

INDEPENDENT AUDITOR’S REPORT 獨立核數師報告書

Responsibilities of the Executive Committee 執行委員會委員就財務報表須承
members for the financial statements 擔的責任

The Executive Committee members are responsible for the preparation of ੂБ։ࡰึ։ࡰ඲ࠋப࣬ኽ࠰ಥึࠇࢪʮ
the financial statements that give a true and fair view in accordance with ึ཯̺ٙ࠰ಥৌਕజѓ๟ۆᏝ௪ॆྼϾʕ
HKFRSs issued by the HKICPA, and for such internal control as the Executive ٵٙৌਕజڌdԨ࿁ՉႩމމԴৌਕజڌ
Committee members determine is necessary to enable the preparation of ٙᏝ௪ʔπί͟׵ಜൟא፹ႬϾኬߧٙࠠ
financial statements that are free from material misstatement, whether due ɽ፹Ⴌ௓ࠑהცٙʫ௅છՓࠋபf
to fraud or error.

In preparing the financial statements, the Executive Committee members ίᏝ௪ৌਕజڌࣛdੂБ։ࡰึ։ࡰࠋப
are responsible for assessing the Housing Society’s ability to continue as a ൙Пג܊՘ึܵᚃ຾ᐄٙঐɢdԨίቇ͜
going concern, disclosing, as applicable, matters related to going concern ઋرɨמᚣၾܵᚃ຾ᐄϞᗫٙԫධd˸ʿ
and using the going concern basis of accounting unless the Executive Դܵ͜ᚃ຾ᐄމึࠇਿᓾdৰڢੂБ։ࡰ
Committee members either intend to liquidate the Housing Society or to ึ։ࡰϞจਗ਼ג܊՘ึ૶ᆵא৾˟຾ᐄd
cease operations, or have no realistic alternative but to do so. אйೌՉ˼ྼყٙಁ˾˙ࣩf

The Executive Committee members are assisted by the Audit Committee in ᄲࣨ։ࡰึ՘пੂБ։ࡰึ։ࡰᄵБᔖபd
discharging their responsibility for overseeing the Housing Society’s ္ຖג܊՘ึٙৌਕజѓཀ೻f
financial reporting process.

Auditor’s responsibilities for the audit of the 核數師就審計財務報表承擔的責
financial statements 任

Our objectives are to obtain reasonable assurance about whether the Ңࡁٙͦᅺd݊࿁ৌਕజڌ዆᜗݊щʔπ
financial statements as a whole are free from material misstatement, ί͟׵ಜൟא፹ႬϾኬߧٙࠠɽ፹Ⴌ௓ࠑ
whether due to fraud or error, and to issue an auditor’s report that includes ՟੻ΥଣڭᗇdԨ̈Ոܼ̍ҢࡁจԈٙࣨ
our opinion. This report is made solely to you, as a body, in accordance with ᅰࢪజѓfҢࡁ፭๫࠰ಥג܊՘ึኮجୋ
section 60 of the Constitution of the Hong Kong Housing Society, and for ʬɤૢසΣ։ࡰ€Ъމɓࡈྠ᜗జѓfৰ
no other purpose. We do not assume responsibility towards or accept Ϥ˸̮d͉జѓԨೌՉ˼͜௄fҢࡁʔึ
liability to any other person for the contents of this report. ఱࣨᅰࢪజѓٙʫ࢙Σ΂ОՉ˼ɛɻࠋɪ
אוዄ΂Оப΂f

Reasonable assurance is a high level of assurance, but is not a guarantee Υଣڭᗇ݊৷˥̻ٙڭᗇdШʔঐڭᗇܲ
that an audit conducted in accordance with HKSAs will always detect a ๫࠰ಥᄲࠇ๟ۆආБٙᄲࠇdίݔɓࠠɽ
material misstatement when it exists. Misstatements can arise from fraud or ፹Ⴌ௓ࠑπίࣛᐼঐ೯ତf፹Ⴌ௓ࠑ̙˸
error and are considered material if, individually or in the aggregate, they ͟ಜൟא፹Ⴌˏৎdν؈Υଣཫಂ̴ࡁఊ
could reasonably be expected to influence the economic decisions of users ዹאිᐼৎԸ̙ঐᅂᚤৌਕజڌԴ͜٫Ա
taken on the basis of these financial statements. ፠ৌਕజڌהЪ̈ٙ຾᏶Ӕ֛dۆϞᗫٙ
፹Ⴌ௓ࠑ̙஗ൖЪࠠɽf

128 Hong Kong Housing Society Annual Report 2017/18