PART 3Operating and financial reviews

Auditors' reports on operating and financial reviewsI110

In section 235 of the 1985 Act (auditors' report), after subsection (3) insert—

3A

If the company is a quoted company, the auditors must state in their report—

a

whether in their opinion the information given in the operating and financial review for the financial year for which the annual accounts are prepared is consistent with those accounts; and

b

whether any matters have come to their attention, in the performance of their functions as auditors of the company, which in their opinion are inconsistent with the information given in the operating and financial review.