PCS Stewardship Report Annual 18 final | Page 28

POSITIONING FOR EARLY DETECTION & INTERVENTION Auditor’s Responsibilities for the Audit of the Financial Statements (Cont’d) • Conclude on the appropriateness of management’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Society’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Society to cease to continue as a going concern. • Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. Report on Other Legal and Regulatory Requirements In our opinion, (a) the accounting and other records required to be kept by the Society have been properly kept in accordance with the provisions of the Societies regulations enacted under the Societies Act, the Charities Act and Regulations; and (b) the fund raising appeals held during the financial year ended 31 March 2018 have been carried out in accordance with Regulation 6 of the Societies Regulations issued under the Societies Act and proper accounts and other records have been kept of the fund- raising appeal. During the course of our audit, nothing has come to our attention that caused us to believe that during the financial year: (a) the Society has not used the donation moneys in accordance with its objectives as required under Regulation 11 of the Charities (Institutions of a Public Character) Regulations; and (b) the Society has not complied with the requirements of Regulation 15 of the Charities (Institutions of a Public Character) Regulations. Fiducia LLP Public Accountants and Chartered Accountants Singapore, 14 Dec 2018 Partner-in-charge: Looi Chee Bin PAB No.: 01834 26