Tourism Chilliwack Inc. Financial Statements
KPMG LLP
Telephone (604) 793-4700
Chartered Accountants
Fax
(604) 793-4747
200-9123 Mary Street
Internet
Chilliwack BC V2P 4H7
Canada
INDEPENDENT AUDITORS' REPORT
To the Shareholder of Tourism Chilliwack Inc.
We have audited the accompanying financial statements of Tourism Chilliwack Inc. which comprise the
statement of financial position as at December 31, 2013, the statements of operations and accumulated
surplus, change in net financial assets and cash flows for the year then ended and notes comprising a
summary of significant accounting policies and other explanatory information.
Management's Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in
accordance with Canadian public sector accounting standards, and for such internal control as
management determines is necessary to enable the preparation of financial statements that are free from
material misstatement, whether due to fraud or error.
Auditors' Responsibility
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 comply with ethical requirements and plan and perform an audit to obtain
reasonable assurance about whether the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in
the financial statements. The procedures selected depend on our judgment, including the assessment of
the risks of material misstatement of the financial statements, whether due to fraud or error. In making
those risk assessments, we consider internal control relevant to the entity's preparation and fair
presentation of the financial statements in order to design audit procedures that are appropriate in the
circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's
internal control. An audit also includes evaluating the appropriateness of accounting policies used and the
reasonableness of accounting estimates made by management, as well as evaluating the overall
presentation of the financial statements.
We believe that the audit evidence we have obtained in our audit is sufficient and appropriate to provide a
basis for our audit opinion.
Opinion
In our opinion, the financial statements present fairly, in all material respects, the financial position of
Tourism Chilliwack Inc. as at December 31, 2013 and the results of its operations, its changes in net
financial assets and its cash flows for the year then ended in accordance with Canadian public sector
accounting standards.
Chartered Accountants
February 25, 2014
Chilliwack, British Columbia
73
2013 Annual Report
