Annual Report - Page 16

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, 2015, 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, 2015 and for the year then ended on which we expressed an unmodified opinion in our report dated December 1, 2015. 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 notfor-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 stateme