TYRATECH • ANNUAL REPORT 2014 • PAGE 22
D i re c t o rs ' R e s p o n s i b i l i t i e s
The Directors are responsible for preparing the Annual Report
and the Company's financial statements. The Directors are
required to prepare the Company's financial statements for
each financial year which present fairly the financial position of
the Company and the financial performance and cash flows
of the Company for that period. In preparing those Company
financial statements, the Directors are required to:
• Select suitable accounting policies and then apply them
consistently;
• Make judgments and estimates that are reasonable and
prudent;
• State whether applicable US GAAP have been followed,
subject to any material departures disclosed and explained
in the financial statements;
• Prepare the financial statements on the going concern basis
unless it is inappropriate to presume that the Company will
continue in business;
• Present information, including accounting policies, in a
manner that provides relevant, reliable, comparable and
understandable information; and
• Provide additional disclosures to enable users to understand
the impact of particular transactions, other events and
conditions on the Company's financial position and financial
performance.
The Directors are responsible for keeping adequate accounting
records that disclose with reasonable accuracy at any time
the financial position of the Company. They have a general
responsibility for safeguarding the assets of the Company and
taking reasonable steps for the prevention and detection of
fraud and other irregularities. The Directors are responsible for
the maintenance and integrity of the corporate and financial
information included on the Company's website.
Brian Phillips
Company Secretary
22 June 2015
The Board of Directors
TyraTech, Inc.
