![](data:image/png;base64,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)
This document is a translation.
The Polish original should be referred to in matters of interpretation. 4
The concept of materiality is applied by the auditor at the planning stage and when performing the
audit and evaluating the effect of identified misstatements on the audit and of uncorrected
misstatements, if any, on the financial statements, as well as when formulating the auditor’s opinion.
In view of the above, all of the opinions and statements contained in the auditor’s report are expressed
subject to the qualitative and quantitative level of materiality set in accordance with the applicable
standards on auditing and the auditor’s professional judgement.
The scope of the audit does not include an assurance regarding the Bank’s future profitability, or
regarding the Management’s effectiveness in the handling of the Bank’s affairs now or in the future.
Throughout an audit in accordance with NSA, we exercise professional judgement and maintain
professional skepticism, as well as:
− identify and assess the risks of a material misstatement of the financial statements resulting from
fraud or error, design and perform audit procedures in response to such risks and obtain audit
evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not
detecting a material misstatement resulting from fraud is higher than the risk of not detecting a
material misstatement resulting from error, because fraud may involve collusion, forgery,
deliberate omission, misrepresentation or override of internal controls;
− obtain an understanding of the internal controls relevant to the audit in order to plan our audit
procedures, but not to express an opinion on the effectiveness of the Bank’s internal controls;
− evaluate the appropriateness of the accounting policies used and the reasonableness of the
estimates and related disclosures made by the Bank’s Management;
− conclude on the appropriateness of the Management’s use of the going concern basis of accounting
and, based on the audit evidence obtained, whether material uncertainty exists related to events or
conditions that may cast significant doubt on the Bank’s ability to continue as a going concern. If we
conclude that a material uncertainty exists, we are required to draw attention in our auditor’s
report to the related disclosures in the financial statements or, if such disclosures are inadequate,
to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of
our auditor’s report. However, future events or conditions may cause the Bank to cease to continue
as a going concern;
− evaluate the overall presentation, structure and contents of the financial statements, including the
disclosures, and whether the financial statements represent the underlying transactions and events
in a manner that achieves fair presentation.
We provide the Supervisory Board with information about, among others, the planned scope and timing
of the audit and significant audit findings, including any significant weaknesses of internal controls that
we identify during our audit.
We provide the Supervisory Board with a statement that we have complied with the relevant ethical
requirements relating to independence, and that we will communicate to them all relationships and
other matters that may reasonably be considered to constitute a threat to our independence, and
where applicable, inform them of the related safety measures.
From the matters communicated to the Supervisory Board we determined those matters that were of
the most significance to the audit of the financial statements for the current reporting period and were
therefore chosen as key audit matters. We describe these matters in our auditor’s report, unless law or
regulations prohibit their public disclosure or when, in exceptional cases, we find that a given matter
should not be presented in our report because the adverse consequences of doing so would reasonably
be expected to outweigh the public interest benefits of such information.