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Financials
THE HORSEMEN’S BENEVOLENT AND PROTECTIVE ASSOCIATION OF
BRITISH COLUMBIA
FINANCIAL STATEMENTS MARCH 31, 2007
BEAUCHAMP &
COMPANY
CHARTERED ACCOUNTANTS
#205 -788 BEATTY STREET
VANCOUVER, B.C. V6B 2M1
PHONE: 604-688-2850
FAX: 604-688-2777
AUDITORS’ REPORT
To
the Members THE HORSEMEN’S BENEVOLENT AND PROTECTIVE
ASSOCIATION OF BRITISH COLUMBIA
We
have audited the statement of financial position of The
Horsemen's Benevolent and Protective Association of British
Columbia as at March 31, 2007 and the statements of revenues
and expenditures, changes in net assets and cash flows for
the year then ended. These financial statements are the
responsibility of the association's management. Our
responsibility is to express an opinion on these financial
statements based on our audit.
We
conducted our audit in accordance with Canadian generally
accepted auditing standards. Those standards require that we
plan and perform an audit to obtain reasonable assurance
whether the financial statements are free of material
misstatement. An audit includes examining, on a test basis,
evidence supporting the amounts and disclosures in the
financial statements. An audit also includes assessing the
accounting principles used and significant estimates made by
management, as well as evaluating the overall financial
statement presentation.
In
our opinion, these financial statements present fairly, in
all material respects, the financial position of the
association as at March 31, 2007 and the results of its
operations and its cash flows for the year then ended in
accordance with Canadian generally accepted accounting
principles. As required by the Society Act (British
Columbia), we report that, in our opinion, these principles
have been applied on a basis consistent with that of the
preceding year.
Vancouver, B.C. June 21, 2007 “BEAUCHAMP &
COMPANY” Chartered Accountants
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