Page 201 - BTSGroup ONE REPORT 2021/22_EN

BTS Group Holdings Public Company Limited 6.2 Independent Auditor’s Report 199
Annual Report 2021/22

When I read the annual report of the Group, if I conclude that there is a As part of an audit in accordance with Thai Standards on Auditing, I exercise
material misstatement therein, I am required to communicate the matter to professional judgement and maintain professional skepticism throughout the
those charged with governance for correction of the misstatement. audit. I also:

Responsibilities of Management and Those Charged with • Identify and assess the risks of material misstatement of the financial
Governance for the Financial Statements statements, whether due to fraud or error, design and perform audit
Management is responsible for the preparation and fair presentation of the procedures responsive to those risks, and obtain audit evidence that is
financial statements in accordance with Thai Financial Reporting Standards, sufficient and appropriate to provide a basis for my opinion. The risk of not
and for such internal control as management determines is necessary to enable detecting a material misstatement resulting from fraud is higher than for
the preparation of financial statements that are free from material misstatement, one resulting from error, as fraud may involve collusion, forgery, intentional
whether due to fraud or error. omissions, misrepresentations, or the override of internal control.

In preparing the financial statements, management is responsible for assessing • Obtain an understanding of internal control relevant to the audit in order
the Group’s ability to continue as a going concern, disclosing, as applicable, to design audit procedures that are appropriate in the circumstances, but
matters related to going concern and using the going concern basis of not for the purpose of expressing an opinion on the effectiveness of the
accounting unless management either intends to liquidate the Group or to Group’s internal control.
cease operations, or has no realistic alternative but to do so.
• Evaluate the appropriateness of accounting policies used and the
Those charged with governance are responsible for overseeing the Group’s reasonableness of accounting estimates and related disclosures made by
financial reporting process. management.

Auditor’s Responsibilities for the Audit of the Financial Statements • Conclude on the appropriateness of management’s use of the going
My objectives are to obtain reasonable assurance about whether the financial concern basis of accounting and, based on the audit evidence obtained,
whether a material uncertainty exists related to events or conditions that
statements as a whole are free from material misstatement, whether due to fraud may cast significant doubt on the Group’s ability to continue as a going
or error, and to issue an auditor’s report that includes my opinion. Reasonable concern. If I conclude that a material uncertainty exists, I am required
assurance is a high level of assurance, but is not a guarantee that an audit to draw attention in my auditor’s report to the related disclosures in the
conducted in accordance with Thai Standards on Auditing will always detect financial statements or, if such disclosures are inadequate, to modify my
a material misstatement when it exists. Misstatements can arise from fraud opinion. My conclusions are based on the audit evidence obtained up to
or error and are considered material if, individually or in the aggregate, they the date of my auditor’s report. However, future events or conditions may
could reasonably be expected to influence the economic decisions of users cause the Group to cease to continue as a going concern.
taken on the basis of these financial statements.