Audit and Auditor's Report
BR-1.2A.14
The IBR of every
insurance broker must be reviewed, in accordance with the International Standard on Related Services applicable to agreed-upon procedures engagements. The review must certify that the information provided in the IBR is in agreement with the books and records of the licensee and its audited financial statements.Added: April 2012BR-1.2A.15
The IBR must be reviewed by the licensee's external
auditor , appointed in accordance with Module AA, or by other qualified persons as directed by the CBB.Added: April 2012BR-1.2A.16
The
insurance licensee must provide to the CBB, within three months of the financial year end, an auditor's report, in the format prescribed by the CBB, stating the auditor's opinion on the matters identified in this Module.Added: April 2012BR-1.2A.17
The format of the Auditor's Report is included in Part B of the Rulebook as Appendix BR-(ii), as part of the Supplementary Information.
Added: April 2012
