Right to Information
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After auditing the Path Welfare Foundation financial statements, the auditor will prepare their own report where they share their opinion about the validity and reliability of the financial statements. The auditor is expected to provide a true picture of the organization and their financial statements. In the report, they must also state their connection to the financial statements, as well as whether they work for the company externally or internally. The auditor can also express any reservations or additional information that they may have in the auditor’s report. For example: if the auditor disagrees with the organization about the valuation of an asset, and they believe that this has a substantial impact on the financial statements, they should state this in their report.