The company’s external auditor is independent in relation to BW LPG and is appointed by the Annual General Meeting (AGM). The auditor’s fees are approved by the Audit Committee (AC). The auditor participates in the AC’s review and discussion of the annual accounts and quarterly interim accounts. In these meetings, the AC is informed of the annual and quarterly accounts and issues of special interest.
Further, the auditor reviews key aspects of the audit, any material changes in the company’s accounting principles, comments on any material estimated accounting figures and reports on all material matters on which there has been disagreement between the auditor and the Executive Management of the company. The auditor confirms their independence in writing to the AC annually.
KPMG LLP Singapore’s address:
KPMG LLP
12 Marina View, #15-01
Asia Square Tower 2
Singapore 018961
