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1 Auditor's Report Auditor’ s Ref
:To the shareholders of ABC Co
OpinionWe have audited the financial statements of ABC Co
(hereinafter referred to as "the Company"), which comprise the balance sheet as at December 31, 2017, and the income statement, the statement of cash flows for the year then ended and notes to the financial statements
In our opinion, the attached financial statements are prepared, in all material respects, in accordance with Accounting Standards for Small Business Enterprises and present fairly the financial position of the Company as at December 31, 2017 and its operating results and cash flows for the year then ended
Basis for Our OpinionWe conducted our audit in accordance with the Auditing Standard