Annual Report 2019 | Page 24

SUMMARY FINANCIAL STATEMENTS REPORT OF THE INDEPENDENT AUDITOR ON THE SUMMARY FINANCIAL STATEMENTS THE AUDITED FINANCIAL STATEMENTS AND OUR REPORT THEREON To the Members, College of Veterinarians of Ontario We expressed an unmodified audit opinion on OPINION the audited financial statements in our report The summary financial statements, which comprise dated December 5, 2019. the summary statement of financial position as at September 30, 2019, and the summary statement of operations for the year then ended, are derived from the audited financial statements of the College of Veterinarians of Ontario as at September 30, 2019 and for the year then ended. MANAGEMENT’S RESPONSIBILITY FOR THE SUMMARY FINANCIAL STATEMENTS Management is responsible for the fair summarization of the audited financial statements in accordance with the criteria disclosed in the summary financial statements. In our opinion, the accompanying summary financial statements are a fair summary of the audited financial statements, in accordance with the criteria disclosed AUDITOR’S RESPONSIBILITY Our responsibility is to express an opinion on whether in the summary financial statements. the summary financial statements are a fair summary SUMMARY FINANCIAL STATEMENTS procedures, which were conducted in accordance with The summary financial statements do not contain all the Canadian Auditing Standard (CAS) 810 “Engagements disclosures required by Canadian accounting standards to Report on Summary Financial Statements”. of the audited financial statements based on our for not-for-profit organizations. Reading the summary financial statements and the auditor’s report thereon, therefore, is not a substitute for reading the audited financial statements of the College of Veterinarians of Ontario and the auditor’s report thereon. Cowperthwaite Mehta Chartered Professional Accountants Licensed Public Accountants December 5, 2019 Toronto, Ontario COLLEGE OF VETERINARIANS OF ONTARIO ANNUAL REPORT 2019