18 de September de 2013

Auditor’s Responsibilities

Our audit will be conducted in accordance with professional standards and ethics for the international and independent audit, issued by the Federal Accounting Council. Those standards require that we comply with ethical requirements and that the audit be planned and performed in order to obtain reasonable assurance about the information to be examined. An audit involves performing procedures to obtain audit evidence about the information audited. The procedures selected depend on the auditor’s judgment, including the assessment of risks of material misstatement, whether due to fraud or error.

Because of the inherent limitations of audit, together with the inherent limitations of internal control, there is an unavoidable risk that some material misstatements may not be detected, even though the audit is properly planned and performed in accordance with auditing standards.

In a risk assessment, the auditor considers internal control relevant to the preparation of the information to be audited, 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 control. However, we will communicate in writing any significant deficiencies in internal control relevant to identify during the audit, and any limitations in our work