Читать книгу See-Through Modelling - Dominic Robertson - Страница 77

An independent evaluation and review of the Model is proposed to provide reasonable assurance that:

 The Model does not contain material arithmetic or logical errors in either its base case or when used for two further agreed data sensitivity sets (the Construction Delay set, and the Availability Deductions set).

 The principal accounting assumptions in the Model are materially consistent with UK Generally Accepted Accounting Principles (UK GAAP).

 The tax charge liabilities and payments calculated in the Model are materially consistent with the assumptions made regarding certain tax matters, as stated on pages 11 and 12 of the Data Book.

 There are no material inconsistencies between the assumptions as set out in a document prepared by <office> and provided to <model auditors> (“the Data Book”) and the Model.

The review specifically excludes examination of, or comment on, any aspect of the following:

 appropriateness, accuracy or adequacy of any financial, contractual or other structures and arrangements.

 input data and assumptions used other than as set out above.

 achievability or appropriateness of outputs.

 appropriateness of the assumptions made in relation to certain tax matters on pages 11 and 12 of the Data Book and their compliance with UK legislation and practice.