Singapore legislation
Section 36
Section 36
Auditor’s reports
(1)
The auditor shall, as soon as practicable and not later than 3 months after the accounts have been submitted for audit, send an annual report of his audit to the Board. He may also submit such periodical and special reports to the Minister and to the Board as may to him appear necessary.
(2)
The auditor shall report —
whether the financial statements relating to the accounts of the Board show fairly the financial transactions and the state of affairs of the Board; and
on such other matters arising from the audit as he considers necessary.
(3)
The auditor shall state in his report whether —
proper accounting and other records have been kept;
the financial statements are prepared on a basis similar to that adopted for the preceding year;
the financial statements are in agreement with the accounting and other records; and
the receipt, expenditure and investment of moneys, and the acquisition and disposal of assets by the Board during the year have been in accordance with the provisions of this Act.
(4)
Where the Auditor-General has not been appointed to be the auditor a copy of the audited financial statements and any report made by the auditor shall be forwarded to the Auditor-General at the same time they are submitted to the Board.