June 15, 2009 - District of Mission

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2. The financial statements of the municipality:
District of Mission — 2008 Audit Results and Communication
Page 13
(a)
(b)
appropriately measure and disclose all related party transactions.
use appropriate accounting policies that have been properly disclosed and consistently applied.
Completeness of Information
3. We have made available to you all:
- financial records and related data;
- minutes of the meetings of Council.
4. The minute books of the municipality are a complete record of all meetings and resolutions of Council
throughout the year and to the present date.
5. There are no material transactions that have not been properly recorded in the accounting records
underlying the financial statements.
6. We have disclosed to you all significant matters contained in the minutes of all meetings and resolutions
of Council throughout the year and to the present date.
7. We have identified to you:
- guarantees;
- indemnifications against damages, liabilities, costs, charges or expenses suffered or incurred by officers
or directors as a result of their service, and/or by any subsidiaries; and
- non-monetary transactions and transactions for no consideration.
8. We have advised you of all related parties and related party transactions of which we are aware.
Fraud and Error
9. We have assessed the risk that the financial statements may be materially misstated as a result of fraud,
and have determined such risk to be low.
10. We are not aware of any fraud, suspected fraud, illegal acts or possibly illegal acts affecting the entity
involving management, employees who have significant roles in internal control, or others, where these
matters could have a non-trivial effect on the financial statements. In addition, we have no knowledge of
any allegations of fraud or suspected fraud affecting the entity's financial statements communicated by
employees, former employees, analysts, regulators or others.
11. We believe that the effects of unadjusted differences discovered by the auditors during the audit
are immaterial, both individually and in the aggregate, to the fmancial statements taken as a whole.
A summary of such items has been attached to this letter.