26.Auditor's report.

This report, issued by the company's auditors to the company's shareholders, estimating how true and fare are the formed  financial reports of the company. They can't confirm if the reports are right or strict as they can't check every transaction of the company because of the volumes and the reason that they can't always receive the full information. Auditors 100% base their report on the information given by the company directors and have no responsibility in case that this information is false. The auditors check the company using tests, which means checking of only several documents and give  estimation about the next:

1. Are the company's financial report formed according to company's book keeping or are there any differences?

2. Do the reports reflect the real business status and profits of the company?

3.Were the reports formed as per accounting international standards?

4. Are the reports formed in accordance with the companies legislation?

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