Dears.
As the external auditor of SHI headquarter in Korea, we are sending this
mail to the external auditor of subsidiaries of SHI.
SHI will adopt International financial reporting standard("IFRS")
effectively from 2011 FY and as a comparative purpose FY 2010 IFRS
Financial statement(F/S) should be prepared and audited in addition. The
additional audit package will include the IFRS audit of Dec. 31. 2010
ended F/S and three Quarterly reviewed F/S during the year.
Accordingly, we kindly request you to comply with the following
instructions which contains the template of audit package, auditors'
opinion and related time schedules, etc.
Your cooperation would be much appreciated.
(1) Audit package
SHI is preparing consolidated F/S according to IFRS beginning from Dec.
31, 2009( / Jan. 1 2010, the transition date).
Therefore, quarterly from Jan. 1 2010, we request you to send the audit
package to external auditor of SHI headquarter.
For the detailed instruction how to prepare audit PKG, see attached file.
Instruction for Dec. 31, 2009( / Jan. 1 2010) ==> (See attached file:
2009 SHI instrction.pdf)
Instruction for quarterly review ==> (See attached
file: 2010SHIReview.pdf)
Instruction for Dec. 31, 2010 ==> (See attached
file: 2010 SHI instrction.pdf)
Before sending all the parts of audit PKG, read the instruction carefully
and send us acknowledgement of receipt and independence confirmation(See
appendix B) as soon as possible. After signing the document, you can scan
it and attach on the email.
(2) How to submit the audit package
For the external audit of SHI headquarter, I request you to send the audit
package via E-mail.
[E-mail address]
junhyouklee@samil.com
sinkim@samil.com
(3) Contact point
If you have any chance to communicate with external auditor of SHI, you
can contact us through the following contact point.
Title
Name
Phone
E-mail
Engagement leader
Partner
Wook-Kyung Choi
82-2-709-0818
wkchoi@samil.com
Team manager
Director
Seyoung Che
82-2-3781-3350
syche@samil.com
Team leader
Manager
Jun-Hyouk Lee
82-2-3781-9822
junhyouklee@samil.com
Team-Member
Manager
Su-In Kim
82-2-3781-9093
sinkim@samil.com
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