McCoy Global 2018 Fourth Quarter Financial Statements
|File Size||2.51 MB|
|Create Date||December 31, 2018|
CONSOLIDATED FINANCIAL STATEMENTS
December 31, 2018 and 2017
MANAGEMENT STATEMENT OF RESPONSIBILITY
The preparation and presentation of the accompanying consolidated financial statements of McCoy Global Inc. (the “Corporation”), which have been prepared in accordance with International Financial Reporting Standards, are the responsibility of management and have been approved by the Board of Directors.
The consolidated financial statements include certain amounts that are based on the best estimates and judgments of management and in their opinion present fairly, in all material respects, the Corporation’s financial position, financial performance and cash flows.
The Corporation’s accounting procedures and related systems of internal controls are designed to provide reasonable assurance that its assets are safeguarded and its financial information is reliable.
The consolidated financial statements have been audited by PricewaterhouseCoopers LLP, the Corporation’s external auditors. The external auditors are responsible for examining the consolidated financial statements and expressing their opinion on the fairness of the consolidated financial statements in accordance with International Financial Reporting Standards. The auditor’s report outlines the scope of their audit examination and states their opinion.
The Board of Directors, through the Audit Committee, is responsible for overseeing management’s responsibility for financial reporting and is ultimately responsible for reviewing and approving the consolidated financial statements. The Audit Committee meets regularly with management and the external auditors to satisfy itself that each group is discharging its responsibilities with respect to internal controls and financial reporting. The Audit Committee reports its findings to the Board of Directors for their consideration when approving the consolidated financial statements for issuance to the shareholders. The external auditors have full and open access to the Audit Committee, with and without the presence of management. The Audit Committee also considers, for review by the Board of Directors and approval by the shareholders, the engagement or reappointment of the external auditors.
President & Chief Executive Officer Vice President & Chief Financial Officer