Experian 2016 Annual Report Download - page 108

Directors’ report continued
Auditor information
Relevant audit information
As at 10 May 2016, so far as each
director is aware, there is no relevant
audit information, being information
needed by the auditor in connection
with preparing the audit report, of
which the auditor is unaware, and each
director has taken all steps that he or
she ought to have taken as a director in
order to make himself or herself aware
of any relevant audit information and to
establish that the auditor is aware of
that information.
Independent auditor
As disclosed in the Report of the
Audit Committee, following a tender
conducted during the year, KPMG
LLP was selected as the Company’s
auditor. Accordingly, a resolution will be
proposed at the AGM on 20 July 2016
for its appointment as the Company’s
auditor. This appointment will take
effect for the financial year ending
31 March 2017.
Statement of directors’
responsibilities
The directors are responsible for:
• preparing the Annual Report, the
Group and Company financial
statements and the Report
on directors’ remuneration, in
accordance with applicable law
and regulations;
• preparing financial statements which
give a true and fair view of the state
of affairs at the balance sheet date,
and the profit or loss for the period
then ended of (a) the Group (in
accordance with IFRSs as adopted for
use in the European Union), and (b)
the Company (in accordance with UK
Accounting Standards);
• keeping proper accounting records
which disclose, with reasonable
accuracy, at any time, the financial
position of the Group and the
Company and enable them to
ensure that the Group financial
statements comply with applicable
law and Article 4 of the International
Accounting Standards Regulation;
• taking such steps as are reasonably
open to them to safeguard the assets
of the Company and the Group, and
to prevent and detect fraud and other
irregularities; and
• the maintenance and integrity of the
statutory and audited information
on the Company’s website. Jersey
legislation and UK regulation
governing the preparation and
dissemination of financial statements
may differ from requirements in
other jurisdictions.
In addition, the directors consider that,
in preparing the financial statements:
• suitable accounting policies
have been selected and
applied consistently;
• judgments and estimates made have
been reasonable and prudent;
• the Group financial statements
comply with IFRSs as adopted for
use in the European Union;
• all accounting standards which
they consider applicable have been
followed in preparing the Company
financial statements; and
• it is appropriate that the Group
and Company financial statements
have been prepared on a going
concern basis.
The directors also confirm that, to the
best of their knowledge, the financial
statements are prepared in accordance
with the applicable set of accounting
standards, give a true and fair view
of the assets, liabilities, financial
position and profit of the Company and
the Group taken as a whole; and the
Strategic report contains a fair review
of the development and performance
of the business and the position of the
Company and the Group taken as a
whole, together with a description of the
principal risks and uncertainties that
they face.
In addition, each of the directors
considers that the Annual Report and
financial statements, taken as a whole,
is fair, balanced and understandable
and provides the information necessary
for shareholders to assess the Group’s
position and performance, business
model and strategy.
By order of the Board
Charles Brown
Company Secretary
10 May 2016
Corporate headquarters:
Newenham House
Northern Cross
Malahide Road
Dublin 17
D17 AY61
Ireland
Registered office:
22 Grenville Street
St Helier
Jersey
JE4 8PX
Channel Islands
106 Governance •Directors’ report