Co-Operative Societies Act 2008
10.
Auditor’s report
For
the purposes of section 137 of the Act, the Auditor of a society shall indicate
in his report whether or not the financial statements contained in his report-
a. were prepared in
accordance with generally accepted accounting principles or international
standards; and
b. are presented on a
basis consistent with that of the preceding year; and if they are not, an
explanation as to why either or both of (a) and (b) are not met.