Report of the Independent Auditor on the Accounting Systems
Report of the independent auditor to An Post on compliance with the regulator’s Direction on the accounting systems of An Post as required by the Communications Regulation (Postal Services) Act 2011 (the Act)
In addition to our audit of the financial statements, we have reviewed the directors’ statement concerning the company’s compliance, for the year ended 31 December 2011, with the accounting provisions of the Act and with the Direction to An Post setting out the regulator’s detailed requirements in relation to the accounting systems of An Post (the Direction), issued on 8 December 2006 by the postal services regulator, ComReg, in relation to the accounting systems of An Post.
Respective Responsibilities of Directors and Auditor
The directors prepare an annual statement of compliance with the accounting provisions of the Act and the Direction for which they are responsible. The objective of our review is to draw attention to noncompliance with the requirements of the accounting provisions of the Act and with the Direction. Our review does not constitute an audit of the separated accounts. A separate audit report will be issued on the audit of the regulatory accounts.
Basis of Opinion
We carried out our review in accordance with the general principles and guidance of the Auditing Practices Board.
Based on enquiry of certain directors and officers of the Company and examination of relevant documents, in our opinion, the directors’ statement appropriately reflects the Company’s compliance, for the year ended 31 December 2011, with the accounting provisions of the Act and with the Direction on the Accounting Systems of An Post, dated 8 December 2006 issued by ComReg.
1 Stokes Place
St Stephen’s Green
24 March, 2011