Section 138: Audit report

138. Audit report (1) The Director of Audit shall make a report to the Council on the financial statements which have been audited. (2) The report shall state— (a) the work done by him; (b) the scope and limitations of the audit; (c) whether he has obtained all information and explanations that he has required; (d) any item of account which, in his opinion, is contrary to law; (e) any loss or deficiency which, in his opinion, is wholly or partly due to the negligence or misconduct of any person; (f) any sum which, in his opinion, ought to have been so brought to account but which, due to wilful default or negligence, has not been brought into account; (g) any failure to recover any rate, fee or other charge in the manner specified in section 101; (h) whether, in his opinion, the financial statements give a true and fair view of the matters to which they relate, and where they do not, the aspects in which they fail to do so, and whether the financial statements have been prepared in accordance with the Accounting Standards approved by the Minister to whom responsibility for the subject of finance is assigned. [Issue 7] L18 – 78 Revised Laws of Mauritius (3) A report under subsection (1) shall state whether the instructions of the Minister, if any, in regard to the financial statements have been complied with. (4) The Director of Audit shall address to the Minister, and to the local authority, a copy of the certified financial statements and his report. (5) The local authority shall consider the report of the Director of Audit at its next ordinary meeting or as soon as practicable thereafter.