495 Auditor's report on company's annual accounts
495 Auditor's report on company's annual accounts
Companies Act 2006 | Legislation

(1)     A company's auditor must make a report to the company's members on all annual accounts of the company of which copies are, during his tenure of office—

(a)     in the case of a private company, to be sent out to members under section 423;

(b)     in the case of a public company, to be laid before the company in general meeting under section 437.

[(2)     The auditor's report must include—

(a)     the identity of the company whose annual accounts are the subject of the audit,

(b)     a description of the annual accounts that are the subject of the audit (including the period covered by those accounts),

(c)     a description of the financial reporting framework that has been applied in the preparation of those accounts, and

(d)     a description of the scope of the audit identifying the auditing standards in accordance with which the audit was conducted.]

(3)     The report must state clearly whether, in the auditor's opinion, the annual accounts—

(a)     give a true and fair view—

(i)     in the case of an individual balance sheet, of the state of affairs of the company as at the end of the financial year,

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