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Washington H. Soul Pattinson and Company Limited
Annual Report 2016
130
Independent Auditor’s Report
entity’s preparation and fair presentation of the financial report 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 controls. An audit also includes evaluating the appropriateness of
accounting policies used and the reasonableness of accounting estimates made by the directors, as
well as evaluating the overall presentation of the financial report.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis
for our audit opinion.
Independence
In conducting our audit, we have complied with the independence requirements of the
Corporations
Act 2001
. We confirm that the independence declaration required by the
Corporations Act 2001
,
provided to the directors of Washington H. Soul Pattinson and Company Limited on 24 October 2016,
would be on the same terms if provided to the directors as at the date of signing this audit report.
Opinion
In our opinion:
a. the financial report of Washington H. Soul Pattinson and Company Limited and its controlled
entities is in accordance with the
Corporations Act 2001
, including:
i.
giving a true and fair view of the consolidated entity’s financial position as at 31 July 2016
and of its performance for the year ended on that date; and
ii. complying with Australian Accounting Standards and the
Corporations Regulations 2001
; and
b. the financial report also complies with International Financial Reporting Standards as disclosed in
the Basis of Preparation on page 55.
Report on the Remuneration Report
We have audited the Remuneration Report included in pages 28 to 45 of the directors’ report for
the year ended 31 July 2016. The directors of Washington H. Soul Pattinson and Company Limited
are responsible for the preparation and presentation of the Remuneration Report in accordance
with section 300A of the
Corporations Act 2001
. Our responsibility is to express an opinion on the
Remuneration Report, based on our audit conducted in accordance with Australian Auditing
Standards.
Opinion
In our opinion, the Remuneration Report of Washington H. Soul Pattinson and Company Limited for
the year ended 31 July 2016, complies with section 300A of the
Corporations Act 2001.
.
J Gavljak
Partner
25 October 2016
PITCHER PARTNERS
Sydney