ACNABIN
Chartered Accountants
BDBL Bhaban (Level-13)
12 Kawran Bazar Commercial Area
Dhaka 1215
Bangladesh
06 October 2016
Dear Sir,
MANAGEMENT REPRESENTATION LETTER
This representation letter is provided in connection with your audit of the financial statements of
‘Child Sponsorship Program’ of Compassion International Bangladesh for the year ended 30 June
2016 for the purpose of expressing an opinion as to whether the financial statements give a true and
fair view of the financial position of ‘Child Sponsorship Program’ of Compassion International
Bangladesh as of 30 June 2016 and of the results of its operations and it’s cash flows for the year
then ended in accordance with the accounting policies as summarized in Note 2 to the financial
statements.
We acknowledge as management our responsibilities for preparing financial statements that give a
true and fair view. All the accounting records have been made available to you for the purpose of
your audit and all the transactions undertaken by ‘Child Sponsorship Program’ of Compassion
International Bangladesh have been properly reflected and recorded in the accounting records. All
other records and related information, including minutes of all Governing Body meetings, have been
made available to you.
We confirm, to the best of our Knowledge and belief, the following representations:
1. There have been no irregularities involving management or employees who have a significant
role in accounting and internal control systems that could have a material effect on the
financial statements and we have disclosed to you our assessment of the risk that the financial
statements might be materially misstated as a result of fraud.
2. We acknowledge our responsibility for the design and implementation of internal control to
prevent and detect error. We have established and maintained adequate internal control to
facilitate the preparation of a reliable financial report and adequate financial records have
been maintained. There are no material transactions that have not been properly recorded in
the accounting records underlying the financial report.
3. The financial statements are free of material misstatement, including omissions.
4. The accounting policies adopted by ‘Child Sponsorship Program’ of Compassion
International Bangladesh have been fully disclosed in the notes to the financial statements.
5. We have no plans or intentions that may materially alter the carrying value or classifications
of assets and liabilities reflected in the financial statements.
6. ‘Child Sponsorship Program’ of Compassion International Bangladesh has satisfactory title
to all assets and there are no liens or encumbrances on the assets.
7. There are no violations or possible violations of laws or regulations whose effects should be
considered for disclosure in the financial report or as a basis for recording an expense.
8. There have been no subsequent events to the year ended that require adjustment of or
disclosure in the financial statements or notes thereto.
9. There are no formal or informal compensating balance arrangements with any of our cash
accounts.
10. There has been no non-compliance with regulatory requirements that could have a material
effect on the financial statements in the event of non-compliance.
11. There were no violation or possible violations of laws and regulations related to money
laundering & terrorism financing activities whose effects should be considered for disclosure
in the financial report or as a basis for recording an expense.
We understand that your examination was made in accordance with relevant Auditing Standards and
was, therefore, designed primarily for the purpose of expressing an opinion on the financial
statements of entity as a whole, and that your tests of the financial records and other auditing
procedures were limited to those which you considered necessary for that purpose.
Yours faithfully,
Mr. Michael Dey
Program Director
Compassion International Bangladesh
