32
CVO ANNUAL REPORT 2018
Summary Financial Statements
Report of the Independent Auditor on the
Summary Financial Statements
The accompanying summary financial statements,
which comprise the summary statement of
financial position as at September 30, 2018, 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, 2018 and for the year
then ended on which we expressed an unmodified
opinion in our report dated December 4, 2018.
Those financial statements, and the summary
financial statements, do not reflect the effects of
events that occurred subsequent to the date of our
report on those financial statements.
The summary financial statements do not
contain all the disclosures required by Canadian
accounting standards for not-for-profit
organizations. Reading the summary financial
statements, therefore, is not a substitute for
reading the audited financial statements of the
College of Veterinarians of Ontario.
Management’s Responsibility for the Summarized
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.
Auditor’s Responsibility
Our responsibility is to express an opinion on the
summarized financial statements based on our
procedures, which were conducted in accordance
with Canadian Auditing Standard (CAS) 810
“Engagements to Report on Summary Financial
Statements”.
Opinion
In our opinion, the summary financial statements
derived from the audited financial statements of
the College of Veterinarians of Ontario for the year
ended September 30, 2018 are a fair summary
of those financial statements, in accordance with
the criteria disclosed in the summary financial
statements.
Cowperthwaite Mehta
Chartered Professional Accountants
Licensed Public Accountants
December 4, 2018
Toronto, Ontario