Page 85 - CA Sri Lanka Integrated Annual Report 2023

• Evaluate the appropriateness of
accounting policies used and the
reasonableness of accounting estimates
and related disclosures made by
management.

• 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 Institute’s
ability to continue as a going concern.
If I conclude that a material uncertainty
exists, I am required to draw attention
in my auditor’s report to the related
disclosures in the financial statements
or, if such disclosures are inadequate, to
modify my opinion . My conclusions are
based on the audit evidence obtained
up to the date of my auditor’s report.
However, future events or conditions
may cause the Institute 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.

Report on Other Legal and Regulatory
Requirements
I communicate with those who 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 controls
that I identify during the audit.

Ms. M.K.K. Karunaratne
Chartered Accountant

Colombo
25 March 2024

CA Sri Lanka Integrated Annual Report 2023 83