RWS AR 23 Final Single pages - Flipbook - Page 100
Statement of Directors’ responsibilities in respect of the
昀椀nancial statements (continued)
In preparing these 昀椀nancial statements the Directors are
required to:
•
Select suitable accounting policies in accordance with
IAS 8 Accounting Policies, Changes in Accounting
Estimates and Errors and then apply them consistently.
•
Make judgements and accounting estimates that are
reasonable and prudent.
•
Present information, including accounting policies, in a
manner that provides relevant, reliable, comparable and
understandable information.
•
Provide additional disclosures when compliance with
the speci昀椀c requirements in IFRSs (and in respect of
the Parent Company 昀椀nancial statements, FRS 101) is
insu昀케cient to enable users to understand the impact of
particular transactions, other events and conditions on
the Group and Parent Company 昀椀nancial position and
昀椀nancial performance.
•
In respect of the Group 昀椀nancial statements, state
whether UK-adopted international accounting standards
have been followed, subject to any material departures
disclosed and explained in the 昀椀nancial statements.
•
In respect of the Parent Company 昀椀nancial statements,
state whether applicable UK Accounting Standards,
including FRS 101, have been followed, subject to any
material departures disclosed and explained in the
昀椀nancial statements.
•
Prepare the 昀椀nancial statements on the going concern
basis unless it is inappropriate to presume that the
Parent Company and the Group will continue in
business.
The Directors are responsible for keeping adequate
accounting records that are su昀케cient to show and explain
the Parent Company’s and Group’s transactions and
disclose with reasonable accuracy at any time the 昀椀nancial
position of the Parent Company and the Group and enable
them to ensure that the Parent Company and the Group
昀椀nancial statements comply with the Companies Act 2006.
They are also responsible for safeguarding the assets
of the Group and Parent Company and hence for taking
reasonable steps for the prevention and detection of
fraud and other irregularities.
Under applicable law and regulations, the Directors
are also responsible for preparing a strategic report,
Directors’ report, Directors’ remuneration report and
corporate governance statement that each comply with
the relevant law and regulations.
The Directors are responsible for the maintenance and
integrity of the corporate and 昀椀nancial information
included on the Company’s website.
100
RWS Holdings plc — Annual Report 2023 GOVERNANCE REPORT
DIRECTORS’ RESPONSIBILITY STATEMENT
Each of the Directors con昀椀rm, to the best of their
knowledge:
•
That the Group 昀椀nancial statements, prepared
in accordance with UK-adopted international
accounting standards, give a true and fair view of the
assets, liabilities, 昀椀nancial position and pro昀椀t of the
Parent Company and undertakings included in the
consolidation taken as a whole.
•
That the annual report, including the strategic
report, includes a fair review of the development
and performance of the business and the position of
the Parent Company and undertakings included in
the consolidation taken as a whole, together with a
description of the principal risks and uncertainties that
they face.
•
That they consider the annual report, taken as a whole,
is fair, balanced and understandable and provides the
information necessary for shareholders to assess the
Parent Company’s position, performance, business
model and strategy. For the details of the process
that was followed to enable the Board to make this
statement, please refer to the Audit Committee Report
on pages 82 to 85.
For and on behalf of the Board of Directors
Ian El-Mokadem | CHIEF EXECUTIVE OFFICER
11 December 2023
