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January 2019
www.pkf-littlejohn.com
Contents
PKF Littlejohn LLP has been appointed as auditor of UIB Holdings (UK) Limited and as part of
the group audit we are required to consolidate the Subsidiary that you are auditing. Our role as
group auditor is to express an opinion on the Year’s financial report based on our audit.
Accordingly, we require you to furnish information to us that will enable us to provide a group
opinion for UIB Holdings (UK) Limited incorporating your Subsidiary for the Year ended 31
December 2018. The Subsidiary that you are auditing has been identified as significant in the
context of the audit of the Group.
These instructions include the Component Auditor Planning Stage Questionnaire and
Confirmation Report (Section 2). The purpose of that document is to obtain an understanding of
your audit of components of the group to enable us to form a conclusion on whether we are
likely to be able to rely on your work and for you to confirm certain matters to us. Your work will
be used to support the group audit opinion for the year ended 31 December 2018. As such your
work does not constitute a separate audit engagement between you and us.
Please return the completed document to: Andy Lukasevic (Auditor in charge)
The instructions set out below envisage an Audit Summary Memorandum (Section 3) and a
Component Auditor Completion Questionnaire (Section 4) being made to us at the conclusion of
your audit, and a supplementary Subsequent Events Report (Section 5) at the point we expect
to issue our audit report.
You are requested to report on the financial statements and any additional information required
by the parent company for consolidation purposes, hereinafter referred to as “the Financial
Information”.
Your audit should be carried out in accordance with International Standards on Auditing (UK) as
applicable for the reporting period. If you anticipate any difficulty in complying with ISAs
(UK) please contact us immediately so that we may consider how best to deal with the
specific matters.
For our audit we require a copy of the final financial statements for each component, duly
approved by and signed by the directors and signed by your firm. If for any reason final audited
financial statements are not available by the deadline specified, please report to us in
accordance with these instructions using final draft information suitable for consolidation
purposes and specify when the signed financial statements will be available.
1.4 Reporting
Your opinion will be used by us solely for the purpose of our audit of the consolidated financial
statements.
In addition there are a number of other matters we request that you report to us as set out in the
accompanying Sections as deliverables.
If you envisage any problems in providing us with the necessary information and reports
by the deadlines specified, please contact us immediately.
Date
Receipt of Subsequent Events Report (Section 5). 26 April 2019 or if earlier the
date of signing your audit
report
Timely submission of the requested reports and documentation is essential in meeting the
group audit deadlines.
It is the responsibility of each professional providing service to the group to comply with
applicable ethical and independence requirements. You are required in Section 2 to confirm that
you understand and will comply with the ethical and independence requirements, and that you
currently are not aware of any circumstances that may have threatened, or may have appeared
to threaten, your independence.
In addition, as part of our completion procedures, we will require you to confirm that you have
complied with ethical and independence requirements relevant to the audit of the group
financial statements.
You are to inform us of any violations of ethical or independence requirements relevant to the
audit of the group financial statements as soon as practicable.
1.8 Materiality
The group materiality level for the purpose of this engagement is set at £525,000. However, for
the purposes of planning your audit and designing the detailed procedures to be carried out,
you should use a component materiality level of no more than the Group performance
materiality of £420,000.
Please confirm to us in the attached Auditor Planning Stage Questionnaire (Section 2) the
materiality level you will use for your audit. Where the component is subject to a statutory audit
within its jurisdiction, please calculate your own local materiality in accordance with International
Standards on Auditing, without exceeding the figures stated above.
The level at which uncorrected misstatements are assessed as clearly trivial is £26,250.
All uncorrected potential misstatements where they exceed the clearly trivial level –
indicating in respect of each item reported whether you consider that it could be indicative of
fraud.
Any other potential misstatement that you consider could be indicative of fraud.
We have identified the following significant risks which we believe are relevant to the audit of
the group financial statements:
Related account
Description of balance/class of
Significant risk significant risk transaction/disclosure Assertion(s)
The existence There is a risk that inter group Intra-Group balances AC, CF, CL, CP,
and disclosure of and related party transactions and consolidations, EX, OC.
inter-group are not authorised and Disclosures
transactions disclosed.
(including loans,
guarantees and
letters of
support) and
other related
party
transactions
Aged and bad There is a risk that aged Intra-Group balances AC, CF, CL, CP,
debts debtor balances are not and consolidations, EX, OC, EX, VL
recoverable. Income and
Debtors/Creditors
Deferral of There is a risk that where the Income and Creditors AC, EX, CL
income to meet company has post placement
post placement obligations in respect of
obligations handling claims, an element of
income is not deferred to meet
the costs of these post
placement obligations.
Please return, in the attached Component Auditor Planning Questionnaire, any additional
significant risks you have identified as relevant to your audit.
In respect of the significant risks, please indicate in the attached Component Auditor Planning
Questionnaire what your audit response will be in order to address all significant risks.
The results from testing all significant risks (including those listed in the table above and those
in the Component Auditor Planning Questionnaire) should be communicated to us upon
completion of your audit procedures using the Audit Summary Memorandum.
You should carry out an audit of the financial statements in accordance with International
Standards on Auditing. In doing this, please ensure you carry out the following specific
procedures:
Income recognition:
Funding/Unmatched cash
- Review funding and unmatched cash reports at year end for evidence of any irrecoverable
amounts;
Going concern
- Review this assessment and consider its appropriateness in light of our understanding of
the Company.
- Enquiry around any significant litigation or claims made against the company.
We have identified the following group wide controls which are relevant to your audit:
Monitoring of components’ operations and their financial results, including regular reporting
routines, which enables group management to monitor components’ performance against
budgets, and to take appropriate action.
The group timetable envisages that you will report to us on your audit on 19 April 2019.
The audit report on the group financial statements is expected to be signed in mid May 2019.
In respect of the period between the date of completing your audit and the date of signing the
financial statements, please carry out the following work (as applicable):
Provide us with the Subsequent Events report (Section 5) dated 26 April 2019 (or the date
of signing the group financial statements).
We intend to use the work performed by you for the purpose of the audit of the group financial
statements, and therefore plan to be involved in your work.
Meeting with you at the final stage to discuss your findings if these are considered
significant at group level;
Visiting the component company to meet with that company’s management and discuss the
audit findings;
Reviewing copies of your audit working papers at our offices, if considered necessary; and
You should prepare a report to local management on matters of significance arising from your
audit covering:
Other matters (including any related to fraud) arising from your audit.
If you identify a matter which may potentially lead to a modified/qualified audit opinion, please
communicate this to us as soon as the matter is identified. Do not wait until the conclusion of
the audit.
If you are aware of any such matters now, please report them in the attached Component
Auditor Planning Stage Questionnaire and Confirmation Report (Section 2).
If there are problems giving rise to an expectation that you will not be able to adhere to the
timetable set out above, please inform us as soon as this becomes apparent.
In addition to matters referred to above, the Questionnaire will, inter alia, require the following
information:
Whether you have complied with the ethical requirements as set out above.
You will be required to identify the financial information you are reporting on.
Information on instances of non-compliance with laws and regulations which could give rise
to a material misstatement in the group financial statements.
Any other matters relevant to the group audit to be drawn to our attention including any
exceptions noted in written representations obtained from management.
A summarised list of all UIB Holdings (UK) Limited related parties are set out below and
component auditors should use this information when confirming their independence and for
audit purposes. Please notify us of any additional related parties, together with a description of
the nature of the relationship, within the Planning Stage Responses (Section 2.2).
UIB (Saudi) For Insurance and Reinsurance Broker Co. Limited – Company which the
Group treats as an associate;
IDL Denmark Aps and Luebeke & Co. GmbH – companies in which the group hold an
investment; and
B S Kabban (Director);
G J Kabban (Director);
P Tuite-Dalton (Director);
A J Dilly (Director);
Regulators in the United Kingdom have imposed certain requirements regarding access to audit
working papers. These requirements result from the European Statutory Audit Directive on the
statutory audit of annual and consolidated accounts (the “Directive”), as implemented in the UK
by the Companies Act 2006 and the Audit Regulations of our registering body, the Institute of
Chartered Accountants in England and Wales (“ICAEW”). These requirements are also being
implemented in the laws and regulations of other European Union countries.
The statutory audit work of UK companies is subject to review by the ICAEW’s Quality
Assurance Department (“QAD”) or the Audit Quality Review Team (“AQRT”) of the Financial
Reporting Council (“FRC”). The latter body is responsible for the oversight of the audit
profession in the UK.
If a UK group audit is subject to review, review staff may request that the audit working papers
relating to a component of the group audited by a firm based outside the EEA be made
available to them. The Audit Regulations make the group auditor responsible for complying
with such a request. If legal or other impediments prevent the review staff having access to the
audit working papers, we must be able to provide evidence to demonstrate that reasonable
steps have been undertaken to gain access and evidence supporting the impediment.
We recognise that client confidentiality obligations, as well as other legal and regulatory
provisions, may be an impediment to access to the audit working papers. In order to facilitate
the granting of permission for local auditors to release audit working papers, our audit
engagement letter with the UK parent company requests that it uses reasonable endeavours to
obtain the consent of its overseas components for access to the audit working papers should
we so request.
To satisfy the Institute or the AQRT that we have taken appropriate action to obtain access to
overseas working papers for the review staff, we will be required to identify whether a refusal to
allow access is based on client confidentiality obligations, legal or regulatory provisions or
another matter. At the point we are made aware that audit working papers will be required by
an inspecting team, we will contact you. If there are any impediments to access to the papers,
you must identify these and provide us with evidence of the impediments as soon as you are
aware of them.
1.19 Confirmation
The attached Component Auditor Planning Stage Questionnaire and Confirmation Report
include a confirmation by you in respect of these instructions. If you have any questions in
relation to them, please contact us straight away.
This questionnaire is provided in connection with your audit of the group financial statements of UIB
Holdings (UK) Limited for the Year ended 31 December 2018 to assist us in expressing our opinion on
whether the group financial statements have been correctly compiled and presented in accordance with
applicable accounting standards and applicable law.
In forming our opinion on the group financial statements we rely on the work of other auditors who have
audited the underlying financial statements from which the consolidated financial statements are
prepared.
The purpose of this questionnaire is to enable us to obtain an understanding of the work carried out by
the auditors of components of the group and for those auditors to confirm various matters to us.
2.1 Information about your firm and your skills and experience
2. If so will you use the PKF International Audit Manual to perform the audit(s)?
Y / N / N/A
(b) the size of the firm, including number of offices, number of partners and number of staff
employed:
Quality control
8. Does your firm comply with the requirements of ISQC 1 (or equivalent US or
Canadian Standards) including carrying out its own internal quality control
monitoring of audit work? Y/N
Please provide details of the latest scores and findings from the most recent
quality control reviews:
12. Does any external monitoring body named in 7 above make public reports on
firms? Y / N / N/A
(If so, please attach the last such report on your firm).
14. Are you satisfied that the directors (or equivalent) do not intend to impose a
limitation on the scope of your work such that you would expect to be unable
to express an opinion? Y/N
If Y, have you contacted the previous auditor and were there any matters of
significance in connection with the previous auditor ceasing to act? Y / N / N/A
If you confirm your objectivity and independence to your client in writing please attach a copy of
the confirmation.
16. Do you carry out any services other than auditing for the component? Y/N
If Y, please list below the services performed, the fees charged and the safeguards put
in place.
17. Does any member of the engagement team have any financial, business,
employment or personal relations with the component or its directors or
senior management? If not then please confirm your independence. Y/N
If Y, please list below the potential threats and the safeguards in place.
18. Does the engagement partner, key audit partner or any staff in senior
positions have any long association with the component?
Long association is defined as more than 5 years for a listed entity / Public
Interest Entity (PIE) and more than 10 years for an unlisted entity involvement
in the audit work for the client. Y/N
If Y, please list below the potential threats and the safeguards in place.
If Y, please list below the potential threats and the safeguards in place.
20. Are there any other threats to your integrity, objectivity or independence as
component auditor? Y/N
If Y, please list below the potential threats and the safeguards in place.
21. We confirm that our firm is compliant with the independence and ethical
requirements of:
the Financial Reporting Council (FRC) Ethical Standard and any other
requirements imposed by our professional body; or
our local standard-setter or professional body, which contain at least the same
requirements as the IFAC Code.
Auditing standards
22. Does extant GAAS in your country incorporate all ISAs issued by the IASB
extant at the date of the financial statements? List below any not incorporate Y/N
23. We confirm (regardless of the above) we will conduct our audit in accordance
with International Standards on Auditing. We confirm we have an
understanding of these based on our understanding of International
Standards on Auditing (including any ISA listed above not extant in the
national GAAS framework in our country). Y/N
Reporting framework
Audit approach
If you prepare an audit planning memorandum, please forward a copy to us. If the following
matters are not dealt with in your planning memorandum, please complete below.
2.2.1 Component risks – significant risks including risks of material misstatement due
to fraud
In respect of the significant risks identified in your instructions under section 1.9, our audit
response will be as follows:
Related account
balance/class of
Description of significant transaction/ Planned
Significant risk risk disclosure Assertion(s) response
The existence There is a risk that inter Intra-Group AC, CF, CL,
and disclosure of group and related party balances and CP, EX,
inter-group transactions are not consolidations, OC.
transactions authorised and disclosed. Disclosures
(including loans,
guarantees and
letters of
support) and
other related
party
transactions
Aged and bad There is a risk that aged Intra-Group AC, CF, CL,
debts debtor balances are not balances and CP, EX,
recoverable. consolidations, OC, EX, VL
Income and
Debtors/Creditors
Unmatched cash There are two risks with Income and AC, CP, OC
the unmatched cash: Debtors/Creditors
1) Unmatched cash will
have an impact on the
integrity of the
insurance debtor and
creditor balances.
2) If you are operating
under the client
money rules in your
jurisdiction,
unmatched cash will
have an impact on the
drawdown of realised
commission/brokerage
in respect of any client
money calculation
performed.
The following significant risks identified above by the group engagement team are not
considered relevant to our audit of [Subsidiary]. The reasons why we believe they are not
applicable are also explained below.
[Specify]
Related account
balance/class of
Description of transaction/ Planned
Significant risk significant risk disclosure Assertion(s) response
[Risk]
[Risk]
We have identified the following as related parties for the purpose of our audit in addition to any
referred to in your instructions:
[Specify]
Please outline your assessment in this area and communicate to us the results of your discussions
within the engagement team and with management about the susceptibility of the component’s
financial statements to material misstatement from fraud:
[Specify]
Please outline any issues regarding the ability of [Subsidiary] to continue as a going concern.
[Specify]
2.3 Confirmations
We acknowledge that:
The financial statements of [Subsidiary] will be included in the group financial statements of UIB
Holdings (UK) Limited.
You may consider it necessary to be involved in the work you have requested us to perform on the
financial information of [Subsidiary] for the year ended 31 December 2018.
You intend to evaluate and, if considered appropriate, use our work for the audit of the group
financial statements of UIB Holdings (UK) Limited.
Either:
Or
We advise you that we will not be able to comply with the following instructions [specify
instructions] for the following reasons [specify reasons].
Or
We would appreciate it if you could clarify the following instructions [specify instructions].
We will cooperate with you and provide you with access to relevant audit documentation.
We will inform you of any changes in the above representations during the course of our audit
work.
We will inform you of all detected or suspected instances of fraud, regardless of materiality.
Your primary contact on the component engagement team is [insert contact name].
Date
Provide a summary of the audit approach (items may include but are not limited to the following)
Reliance on operating effectiveness of controls and whether these controls have been
tested.
Use of experts.
Income
Statement/Profit Current period Prior period Monetary
& Loss heading balance balance difference % Difference
Revenue
Gross Margin
Administrative
expenses
Operating Profit
Taxation
Finance income
Finance costs
Other
comprehensive
income
Statement of
Financial Current period Prior period Monetary
Position heading balance balance difference % Difference
Intangibles
Tangibles
Other reserves
add or remove
headings as
applicable
Provide an explanation of material fluctuations between the current and preceding period.
State the level of materiality adopted for the audit and whether there were issues arising that
caused materiality to be revised after the planning stage.
State the audit work performed on any significant new accounting policies and disclosure
requirements identified at the planning stage and conclusions thereon.
State the audit work performed on related parties disclosures, including identification
procedures, and conclusions thereon.
Where appropriate, please give details in addition to your responses to the questions below of any
other significant matters noted in during your audit work for that area.
Have you assessed the design and implementation of all material sales systems controls
(e.g. by a walkthrough test)?
Y/N
Have you assessed the design and implementation of all material purchase system controls
(e.g. by a walkthrough test)?
Y/N
Please give details of how you confirmed that cut-off has been properly applied?
Have you verified that intangible fixed asset expenditure has been accounted for accurately?
Y/N
Please give details of how you verified existence, rights and obligations and valuation of
intangible fixed assets:
Is the accounting policy for amortisation in accordance with accounting standards and group
accounting policies?
Y/N
If N, please provide details:
Where necessary, how have you undertaken impairment reviews and what were the results?
Have you verified that tangible fixed asset expenditure has been accounted for accurately?
Y/N
Please give details of how you verified the existence of tangible fixed assets
Where items were selected for physical verification, what was the total value of unconfirmed
amounts and what alternative evidence was obtained?
Please give details of how you verified rights and obligations (i.e. title) and valuation of
tangible fixed assets:
Please outline how you confirmed the completeness of disposals of fixed assets :
How have you ensured that depreciation has been calculated accurately?
Where necessary, how have you undertaken impairment reviews and what were the results?
Where a revaluation has taken place, please give details of how you verified the accuracy of
the revaluation?
Where the entity has investment properties, give details of how you have ensured that they
have been valued annually in line with accounting standards
Please give details of how you identified capital commitments and give details of such
commitments:
Please give details of how you confirmed the rights and obligations (i.e. title) of fixed and
current asset investments:
How did you substantiate the cost and valuation of listed and unlisted investments?
Receivables
Please indicate how you confirmed the existence of year-end trade debtors:
Debtors circularisation;
After-date receipts;
Analytical procedures (please give details); or
Other (please give details).
Where items were selected for circularisation or after-date receipts testing, what was the
total value of unconfirmed amounts and was appropriate alternative evidence obtained?
Please provide details of significant old debts that have not been provided for along with the
reasons for not providing. (If this information has been included in the schedule of
unadjusted errors then please indicate this here rather than duplicate the information).
Please give details of how you confirmed that cut-off has been properly applied:
Have you obtained sufficient evidence on the existence of material prepayments and sundry
debtors?
Y/N
If N, please provide details:
Please indicate how you confirmed the existence and completeness of all bank balances:
Y/N
If N, please provide details:
Payables
Creditors circularisation;
Supplier statement reconciliations;
Analytical procedures (please give details); or
Other (please give details).
Where items were selected for circularisation or supplier statements testing, what was the
total value of unconfirmed amounts and was appropriate alternative evidence obtained?
Please give details of how you confirmed that cut-off has been properly applied:
Have you confirmed the completeness and rights and obligations of loan balances and have
you confirmed that all charges have been properly disclosed?
Y/N
If N, please provide details:
Is the accounting policy for hire purchase and finance leases in accordance with accounting
standards and group accounting policies and have you ensured that it has been calculated
accurately?
Y/N
If N, please provide details:
Taxation
Have you confirmed the existence, accuracy and completeness of the year end
corporation tax liability? Y/N
Were there any significant matters noted in relation to the audit of VAT? Y/N
Have you reviewed correspondence with the relevant tax authorities and were
there any significant matters noted? Y/N
Have you confirmed that the deferred tax provision has been made in accordance
with the applicable accounting standards? Y/N
Please give details of how you have confirmed the completeness of provisions:
How have you confirmed that all contingent liabilities and assets have been identified and
how did you evaluate the circumstances to determine whether disclosure was required?
Please give details of how you have confirmed compliance with key laws and regulations
and what was the outcome:
Have you verified any changes in share capital during the year are in accordance
with the company’s Memorandum and Articles of Association?
Y/N
Please give details of any material matters arising following your review of the
directors’ board meeting minutes:
Please provide a list of all related parties during the year together with the reason why they
are related.
Please give details of how you have confirmed inter-company balances and
transactions:
Have all disputes between group entities in respect of balances been satisfactorily
reconciled? Y/N
Comment on non-standard paragraphs required in the letter of representation, and any reasons
for insufficient audit evidence, and confirm that any lack of evidence does not constitute a
limitation in scope.
Work on journals. (provide details including testing performed, results and conclusions reached)
Work on unusual transactions. (provide details including testing performed, results and
conclusions reached)
Work on controls. (provide details including testing performed, results and conclusions reached)
Work on key laws and regulations central to the activities of the component. (provide details
including testing performed, results and conclusions reached)
Are any significant matters outstanding that must be resolved before the signing of the audit
opinion.
This questionnaire is issued in connection with the group financial statements of UIB Holdings
(UK) Limited for the year ended 31 December 2018 to assist us in expressing our opinion on
whether the group financial statements have been correctly compiled and presented in
accordance with applicable accounting standards and applicable law.
In forming our opinion on the group financial statements we rely on the work of other auditors
who have audited the underlying financial statements from which the consolidated financial
statements are prepared.
The purpose of this questionnaire is to enable us to obtain an understanding of the work carried
out by the auditors of components of the group and for those auditors to confirm various matters
to us.
Please complete all of the questions and, where specifically asked, insert the details
requested. Where further information is necessary in order to fully understand a given
situation, please provide the additional information in the space provided or, if preferred,
attach a copy of the relevant working paper.
Please attach the audited financial statements and your audit report for consolidation purposes.
Audit fieldwork
Have there been any changes to the information that you provided in the Component
Auditor Planning Stage Questionnaire and Confirmation Report (Section 2) that have
arisen out of your audit fieldwork? Y/N
Except as stated above, were all procedures on the audit programme carried out in a
satisfactory manner? Y/N
Are there documented conclusions in all areas which support the overall conclusion
on the audited financial information? Y/N
Was there a detailed review of the audit work by a manager or a partner? Y/N
These risks must include all those noted during planning in Section 2 and any further risks
noted during testing.
Funding Debtors
Going concern
Have you complied with the Component Auditor Instructions in all respects? Y/N
Have you complied with the independence and ethical requirements of the extant
IFAC Code of Ethics? Y/N
Have you identified the audited financial information that you are reporting on? Y/N
Are you aware of any instances of non-compliance with laws and regulations which
could give rise to a material misstatement in the group financial statements? Y/N
Have you prepared a schedule of all misstatements exceeding the clearly trivial level
detected as a result of your audit and corrected by management in preparation of the
audited financial information submitted for consolidation? Y/N
Have you prepared a document noting the overall findings and conclusions of your
audit procedures? Y/N
Please attach a copy of this document / confirm included in the Audit Summary Memorandum.
Are there any other matters relevant to the group audit to be drawn to our attention
including any exceptions noted in written representations obtained from
management? Y/N
Was an overall analytical review of the audited financial information carried out,
documented on the file and reviewed by a partner? Y/N
Do you anticipate being able to give an unqualified audit opinion on the statutory
financial statements? Y/N
Have you considered the effect on the audited financial information of events after
the reporting date, up to the date of submission of the audited financial information?
Please note that you will also be asked to conduct a review of events after the reporting date,
up to the date immediately prior to our audit clearance on the Group financial statements, and to
report to us any significant matters (Supplementary Subsequent Events Report).
Were any going concern issues considered at the completion stage? Y/N
If Y, please provide details along with your conclusions thereon and any supporting evidence
obtained:
Has your work been designed to detect contingent liabilities and are you satisfied
that adequate disclosure of contingencies is made in the audited financial
information? Y/N
Have you obtained a letter of representation from the company’s directors or those
charged with governance detailing all significant matters where management
representations have been relied upon? Y/N
Can you confirm that no limitations have been placed on the scope of your work?
Y/N
We confirm that:
We have completed the attached group audit questionnaire in accordance with your
instructions.
Group instructions have been complied with and all information necessary for the audit of the
group accounts has been provided.
A copy of the component financial information, marked for identification purposes, for the
year ended 31 December 2018;
A copy of the component’s audit report for the year ended 31 December 2018 signed by
us;
A summary of unadjusted misstatements;
A summary of significant deficiencies in internal control;
A representation letter obtained from component entity management;
A summary of our overall findings, conclusions or opinion.
The applicable financial reporting framework under which the financial information has been
prepared is. UK GAAP [except as follows: [provide details]].
The audit has been conducted in accordance with International Standards on Auditing (UK).
[Please amend as necessary.]
We have complied with the FRC Ethical Standard / the IFAC Code of Ethics for Professional
Accountants. [Please amend as necessary.]
Our firm complies with the International Standard on Quality Control 1 (ISQC 1).
Date
Component: [Name]
In accordance with your instructions we have carried out a subsequent events review in
accordance with International Standard on Auditing 560 (UK) ‘Subsequent events’ in respect of
the above group component(s) covering the period up to ……………………………………(date).
Either:
* We confirm that we are not aware of any events that may require adjustment of the Financial
Information for the Year ended 31 December 2018 on which we have previously provided an
auditor’s report. In addition we are not aware of any events that may require disclosure in any
financial statements of the component drawn up on the basis of this information or in the
consolidated financial statements of the group.
Or:
* The following matters have come to our attention that may have an impact on the group
financial statements:
_________________________________
Date
* Delete as appropriate
49
49
UIB Holdings (UK) Limited
Component auditor instructions - Year ended 31 December 2018
UIB Holdings (UK) Limited 50
Component auditor instructions - Year ended 31 December 2018