Auditor's Report

 The auditor's report to the members of the company must be made in accordance with section 193 Companies Act 1990. The auditor's report is required to state:

(a) whether they have obtained all the information and explanations which, to the best of their knowledge and belief, are necessary for the proposes of their audit;

(b) whether, in their opinion, proper books of account have been kept by the company;

(c) whether, in their opinion, proper returns adequate for their audit have been received from branches of the company not visited by them;

(d) whether the company's balance sheet and (unless it is framed as a consolidated profit and loss account) profit and loss account are in agreement with the books of account and returns;

(e) except in the case of a company that has taken advantage of any of the provisions of Part III of the Sixth Schedule to the Principal Act, whether, in their opinion, the company's balance sheet and profit and loss account and (if it is a holding company submitting group accounts) the group accounts have been properly prepared in accordance with the provisions of the Companies Acts and give a true and fair view-

  • in the case of the balance sheet, of the state of the company's affairs as at the end of its financial year;
  • in the case of the profit and loss account (if it is not framed as a consolidated profit and loss account), of the company's profit and loss for its financial year;
  • in the case of group accounts submitted by a holding company, of the state of affairs and profit or loss of the company and its subsidiaries dealt with thereby, so far as concerns members of the company;

(f) in the case of a company that has taken advantage of any of the provisions of Part III of the Sixth Schedule to the Principal Act, whether, in their opinion, its balance sheet and profit and loss account and (if it is a holding company submitting group accounts) the group accounts have been properly prepared in accordance with the provisions of the Companies Acts and give a true and fair view of the matters referred in subparagraphs (i) and (ii) and, where appropriate, subparagraph (iii) of paragraph (e) subject to the non-disclosures of any matters (to be indicated in the report) which by virtue of the said Part III are not required to be disclosed; and

(g) whether, in their opinion, there existed at the balance sheet date a financial situation which under Section 40(1) Companies (Amendment) Act 1983, would require the convening of an extraordinary general meeting of the company.

(Section 193(4) Companies Act 1990 refers.)

Auditor's report where certain company types are otherwise exempt from filing accounts with the annual return

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