Monday, 7 May 2012

A hypothetical Auditors Certificate


                 XYZ Ltd. VAT refund audit certificate for December 2....
We have examined the attached claim for refund of VAT amounting to Ksh….. (amt)* made by XYZ Ltd for the period form 1st Jan.2.... to 31st Dec. 2.... to ensure compliance with the Vat Act and regulations and have obtained all the information and explanation necessary for the purpose of our examination.
Our examination was designed to enable us to obtain reasonable assurance that the claim is free from material misstatement, and included verification, on a test basis, of evidence supporting the amount claimed.  It also included an assessment of the adequacy of XYZs system of recording and accounting for VAT.
In our opinion the attached VAT claim gives a true and fair view of the amount claimed and is properly refundable under the VAT Act and regulations.

Yours faithfully,
 .......................... 
CPA(K)

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