S-29.01 - Act respecting trust companies and savings companies

Section 274 Disposition versions

1988-06-09

274. The auditor shall indicate in his report

(1)  whether he has carried out his audit in accordance with generally accepted auditing standards;

(2)  whether, in his opinion, the financial statements give a faithful account of the financial position of the company, the income from its operations and the changes in its financial position according to generally accepted accounting principles applied in the same manner as during the preceding fiscal year;

(3)  any other information prescribed by regulation of the Government.

The auditor shall also give sufficient explanations in his report of any reservations he expresses in the report.

1987, c. 95, s. 274.