List the principal matters, which the auditors considers in forming an opinion on the financial statements

When forming an opinion, the auditors should consider whether:

Proper returns adequate for their audit have been received from branches not visited by them (where applicable)

The company‘s balance sheet and its profit and loss account are in agreement with the accounting records and returns.
Such information and explanations as auditors think necessary for the performance of their duties have been received from the company‘s officers.
The directors‘ report is consistent with the financial statements.
The financial statement comply with the requirements of the company‘s Act
The financial statements have been prepared in accordance with the International Financial Reporting Standards (IFRS)

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List the principal matters, which the auditors considers in forming an opinion on the financial statements

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