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Project Dollarama

As management you will also be asked to provide us

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As management, you will also be asked to provide us with information relating to recognition, measurement and disclosure in the consolidated financial statements, specifically relating to: the identification of the applicable financial reporting framework; an assessment of the reasonableness of significant assumptions underlying fair value measurements and disclosures; an assessment of the entity’s ability to continue as a going concern, including any future plans or intentions that may affect the carrying value or classification of assets or liabilities; an assessment of the ability to derecognize financial assets and liabilities; the measurement and disclosure of related party relationships and transactions; designated hedging relationships; an assessment of all areas of measurement uncertainty known to management requiring disclosure; claims and possible claims, whether or not they have been discussed with the Company’s legal counsel; provisions, other liabilities and contingent assets or liabilities, including those associated with guarantees, whether written or oral, under which the Company are liable or contingently liable; whether the Company has satisfactory title to assets, and whether liens or encumbrances on assets exist, or assets are pledged as collateral; compliance with aspects of contractual agreements that may affect the consolidated financial statements; and events after the reporting period. 15 "We are - the relationship you can count on" - Chiu & Weisserman, LLP
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In accordance with Canadian generally accepted auditing standards, we will request a letter of representation from management at the close of our examination in order to confirm oral representations given to us and reduce the possibility of misunderstanding concerning matters that are the subject of the representations. Specifically, we will request written confirmation of significant representations provided on matters that are directly related to items that are material, either individually or in the aggregate, to the consolidated financial statements, not directly related to items that are material to the consolidated financial statements, but are significant, either individually or in the aggregate, to the engagement, and matters relevant to your judgments or estimates that are material, either individually or in the aggregate, to the consolidated financial statements. These representations are used as evidence to assist us in deriving reasonable conclusions upon which our audit opinion is based. If the Company plan any reproduction or publication of our report, or a portion thereof, printer's proofs of the complete documents should be submitted to us in sufficient time for our review, prior to making such documents publicly available. It will also be necessary for you to furnish us with a copy of the printed report. Further, it is agreed that in any electronic distribution, for example on the Dollarama Inc.'s website, or on designated public
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