Annual report Helpcode Italia - EN

FINANCIAL STATEMENT 2021
professional skepticism for the entire duration
of the audit. Moreover:
We identified and evaluated the risk for significant
errors in the year-end report due to fraud or to
unintentional events or behavior; we defined and
performed auditing procedures to respond to
said risk; we acquired sufficient and appropriate
probative elements on which to base our
judgment. The risk of not identifying a significant
error deriving due to fraud is higher with respect to
the risk of not identifying a significant error deriving
from unintentional events or behavior since fraud
may imply the existence of collusion, falsifications,
intentional omission, misleading representations or
stretching of internal control;
we acquired an understanding of the internal
control relevant for the purposes of auditing with
goal of defining appropriate auditing procedures
in the circumstances and not for expressing
a judgment on the efficiency of the Agency’s
internal control;
we evaluated the appropriateness of the accounting
principles used as well as the reasonable nature
of the accounting estimates performed by the
Executive Council, including the related report;
we arrived at a conclusion on the appropriateness
of the use on the part of the Executive Council
of the assumption of business continuity and on
the basis of the probative elements acquired, on
the possible existence of significant uncertainty
regarding events or circumstances that can cause
significant doubts about the Agency’s ability
to continue to work as a functioning entity. In
the presence of significant uncertainty, we are
compelled to call attention in the auditing report
to the related notes of the financial statement,
that is to say, should said report be inadequate, to
reflect such a circumstance in the formulation of
our judgment. Our conclusions are based on the
probative elements acquired up to the date of the
current report. In any case, subsequent events or
circumstances may entail that the Agency cease
operations as a functioning entity;
we have evaluated the presentation, structure and
contents of the Year-End Report overall, including
the notes, and if the Financial Statement represents
the operations and underlying events in such a way
as to furnish a correct representation.
We have communicated with those who are
responsible for governance, identified at an
appropriate level as required by ISA Italia, among
other aspects, the range and timing planned for
the audit and the significant results which emerged,
including possible significant lacks in the internal
control identified over the course of the audit.
Report on Other Legal Norms
Judgment in Accordance with Art. 14, comma 2,
letter e), of Law 39/10
The Executive Council of HELP CODE Italia is
responsible for drafting the sections that illustrate
the Agency’s economic and financial performance
and the methods of pursuing the statutory goals
included in HELP CODE Italia’s Mission Report
dated December 31, 2021, including its coherence
with the related year-end report and financial
statement and its compliance to the law.
We performed the procedures indicated in the
principle of auditing (SA Italia) 720B with the goal
of expressing a judgment on the coherence of the
sections that illustrate the economic and financial
performance of the Agency and the methods of
pursuing the statutory goals included in HELP
CODE Italia’s Mission Report dated December 31,
2021, and on the conformity of the same to the
regulations of law, as well as issuing a declaration
about possible significant errors.In our judgment,
the sections that illustrate the economic and
financial performance of the Agency and the
methods of pursuing the statutory goals included
in the Mission Report are coherent with the yearend
report of HELP CODE ITALIA as of December
31, 2021 and have been drafted in compliance with
the law.
With reference to the declaration as described in
Art. 14, comma 2, letter e), of Law 39/10, issued on
the basis of the knowledge and understanding of
the Agency and its relative context acquired over
the course of the audit, we have nothing to report.
Milano, May 13, 2022
PKF Italia S.p.A.
Michele Riva
(Partner))
ANNUAL REPORT 2021 87