Nkwe Platinum

The integrity of the Group's financial reporting is a critical aspect of Nkwe Platinum's corporate governance and structures have been implemented during the financial period to verify and safeguard the integrity of the Group's financial reporting. It is the policy of the board that the Group's financial statements be reviewed or audited, at a mini... mum, each half year. The board considers that given its current size, a separate Audit Committee has not been established. This function is effectively achieved with full board participation and is governed by the Audit Committee Charter. A copy of this Charter has been placed on the Company's website. It is the board's policy, that the Chief Executive Officer (or equivalent) makes the attestations recommended by the CGC as to the Company's financial condition prior to the board signing the Annual Report. The role of Chief Executive Officer was discharged by the Managing Director, Mr Zhilin (Abraham) Li during the period ended 31 December 2015. The certification required in accordance with section 295A of the Corporations Act 2001 is provided by Mr Zhilin (Abraham) Li prior to acceptance by the board as a whole. The board has received assurance that the declaration provided in accordance with section 295A of the Corporations Act is founded on a sound system of risk management and internal control and that the system is operating effectively in all material respects in relation to financial reporting risks. The Company is committed to requesting the external auditor to attend annual general meetings and be available to answer shareholder questions about the conduct of the audit and the preparation and content of the auditor's report.Read More