Page 103 - Annual Report 2016 EN

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Other Information Included in the QFC
Regulatory Authority’s 2016 Annual Report

Other information consists of the information included in the annual
report, other than the financial statements and our auditor’s report
thereon. Management is responsible for the other information. The
QFC Regulatory Authority’s 2016 Annual Report is expected to be
made available to us after the date of this auditors’ report.
Our opinion on the financial statements does not cover the other
information and we do not express any form of assurance conclu-
sion thereon.

In connection with our audit of the financial statements, our respon-
sibility is to read the other information identified above when it
becomes available and, in doing so, consider whether the other
information is materially inconsistent with the financial statements
or our knowledge obtained in the audit or otherwise appears to
be materially misstated.

Responsibilities of Management and
the Board of Directors for the Financial
Statements

Management is responsible for the preparation and fair presenta-
tion of the financial statements in accordance with IFRSs, and for
such internal control as management determines is necessary to
enable the preparation of financial statements that are free from
material misstatement, whether due to fraud or error.
In preparing the financial statements, management is responsible
for assessing the QFC Regulatory Authority’s ability to continue as
a going concern, disclosing, as applicable, matters related to
going concern and using the going concern basis of accounting
unless management either intends to liquidate the QFC Regulatory
Authority or to cease operations, or has no realistic alternative but
to do so.
The Board of Directors are responsible for overseeing the QFC Reg-
ulatory Authority’s financial reporting process.