Purpose of Audit Reports:

 

  • Whether the financial statements are prepared, in all material respects, in accordance with the requirements of the applicable financial reporting framework and laws and regulations.

 

  • Accounting Practices, including managements' judgements and decisions.

 

  • The adequacy of financial disclosures.

 

  • Whether the financial statements adequately refer to or describe the applicable financial reporting framework.

 

  • Conclusions made on the financial statements by expressing an audit opinion.