14. Generally the company auditor gives his reports to
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Company ' s shareholder
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Generally the company auditor gives his reports to the company members or the shareholders.
- The report remains an official record consisting of auditor's opinion as to whether the corporation's financial statements rightfully comply with various accounting standards.
- The comprehensive report is carefully prepared after taking into consideration the specific provisions of the Companies Act and the accounting principles and auditing standards.
- The auditor shall properly apply to the shareholders or to those charged with corporation's governance a report on the financial statements that have been reviewed.
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