C-4.1 - Savings and Credit Unions Act

Section 292 Disposition versions

1989-03-15

292. The auditor shall indicate in his report

(1)  whether his examination has been made in accordance with generally accepted auditing standards;

(2)  whether, in his opinion, the financial statements of the credit union included in the report submitted to the annual meeting present fairly the financial position of the credit union and the results of its operations, in accordance with generally accepted accounting principles applied in the same manner as in the preceding fiscal year;

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

The auditor shall include in his report sufficient explanations in respect of any reservations he may have expressed.

1988, c. 64, s. 292.