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Dear Wannisa Santiraveewan This is Shu Yi from Ernst & Young, and I would be assisting the audit engagement manager, Fenny, for Hup Soon Global Corporation Limited (HSGC) FY2015 Audit. I’ve obtained your contact information from the Group, HSGC, accountant – Meiling. For Fy2015, we would be sending interoffice instructions to your team as Anglo-Thai Company Limited Group (ATCL Group) is a material component to HSGC Background informationHSGC owns 100% of United Motor Works International Pte Ltd (UMWI), and UMWI owns 30% of Anglo-Thai Company Limited. (please refer to group chart) In 2015, ATCL Group is a material component (associate) to HSGC at group level, hence it is designated as a full scope reporting entity to the Group. As the results of (ATCL Group) would only be consolidated at HSGC level, we would be sending to you an interoffice reporting instructions within the next two weeks for FY2015 Audit. Hence, we would require you to report to us for FY2015 audit purposes. For more details on what items are required, the reporting timeline and the group assigned scope and summary of audit differences (SAD) amount, please look out for these in the interoffice instructions in the next email. FieldworkAnyway, have the field work commenced? If so, could you please provide us with the scope (tolerable error) used at group level for planning and for fieldwork. Please advise. Do let us know if you’ve any queries
Thank you for your help.
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