HSBC 2015 Annual Report Download - page 328

Report of the independent auditors to the members of HSBC Holdings plc
Audit Report /Appendix
HSBC HOLDINGS PLC
326
Area of the Annual Report and Accounts
2015
My responsibility My reporting
Directors Remuneration Report on pages 285 to 321
Those parts of which are clearly marked as
audited.
Consider whether the information is
properly prepared.
In my opinion, this information has been
properly prepared in accordance with
the Companies Act 2006.
Other remuneration report disclosures. Consider whether certain other disclosures
specified by the Companies Act have been
made.
The other required disclosures have
been made.
Other areas
Strategic Report and the Directors’ Report. Consider whether they are consistent with
the audited financial statements.
In my opinion, the information in these
reports is consistent with the audited
financial statements.
Viability statement on page 277 which
considers the longer term sustainability of the
Group’s business model.
Review the statement in the light of the
knowledge gathered during the audit.
I have nothing material to draw
attention to or to add to the statement.
Directors’ confirmation of their robust
assessment of principal risks, and disclosures
describing those risks and how they are
managed or mitigated on page 278.
Review the confirmation and description in
the light of the knowledge gathered during
the audit.
I have nothing material to draw
attention to or to add to the
confirmation or description.
GAC Report on page 262. Consider whether it deals appropriately
with those matters that I reported to the
GAC.
No exceptions to report.
Directors’ statement (on page 322) that they
consider the HSBC Annual Report and Accounts
2015, taken as a whole, to be fair, balanced and
understandable and provides the information
necessary for you to assess HSBC’s
performance, business model and strategy.
Consider whether any information found
during the course of the audit would cause
me to disagree.
No disagreements to report.
Corporate governance report (on pages 249 to
284).
Review the remaining 10 provisions of the
UK Corporate Governance Code specified
for our review by the UK Listing Rules.
Nothing to report following our review.
All other information in the
A
nnual Repor
t
aside
from the audited financial statements.
Consider whether it is materially
inconsistent or materially incorrect based
on the knowledge gained in my audit, or
otherwise misleading.
Consider whether it is materially
inconsistent with the audited financial
statements.
No exceptions to report.
In addition, I am required to report to you if:
• I have not received all of the information and explanations required for my audit;
• Adequate accounting records have not been kept by the Parent Company;
• Returns adequate for my audit have not been received from branches not visited by PwC;
• The Parent Company financial statements and the audited part of the Directors’ Remuneration Report do not agree with
the accounting records and returns.
I have no exceptions to report as a result of any of these responsibilities.
Use of this report
This report, including the opinions, has been prepared for and only for you, the Parent Company’s members as a body in
accordance with Chapter 3 of Part 16 of the Companies Act 2006, and for no other purpose. We do not, in giving these
opinions, accept or assume responsibility for any other purpose or to any other person to whom this report is shown or
into whose hands it may come except where expressly agreed by our prior written consent.
Richard Oldfield (Senior Statutory Auditor)
for and on behalf of PricewaterhouseCoopers LLP
Chartered Accountants and Statutory Auditors
London, United Kingdom
22 February 2016