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Essay Details:
Essay text:
Auditors Opinion
? Unqualified- "these financial statements present fairly in all material respect, the financial position of the corporation?in accordance with with Canadian GAAP"
? Addressed to The Members
? Dated May 31, 2003 except for note 11 which is as of June 13, 2003
? Y/e was March 31, 2003-last audit field date is 2 months after y/e-timely reporting.
? No change in auditing firm: KPMG is the auditing firm for the current and preceding year audit.
3. Major accounting choices?.
? Accounting method chosen: Deferral method of accounting for contributions which include donations and government contributions...
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