Report of the Independent Auditor on the Summary Financial Statements
To the members of College of Physicians & Surgeons of Alberta
April 6, 2018
The accompanying summary financial statements, which comprise the summary statement of financial position as at December 31, 2017, the summary statement of revenues and expenditures for the year then ended, and related notes, are derived from the audited financial statements of College of Physicians & Surgeons of Alberta for the year ended December 31, 2017. We expressed an unmodified audit opinion on those financial statements in our report dated April 6, 2018.
The summary financial statements do not contain all of 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 College of Physicians & Surgeons of Alberta.
Management’s responsibility for the financial statements
Management is responsible for the preparation of a summary of the audited financial statements on the basis described in note 1.
Our responsibility is to express an opinion on the summary financial statements based on our procedures, which were conducted in accordance with Canadian Auditing Standard (CAS) 810, “Engagements to Report on Summary Financial Statements”.
In our opinion, the summary financial statements derived from the audited financial statements of College of Physicians & Surgeons of Alberta for the year ended December 31, 2017 are a fair summary of those financial statements, on the basis described in note 1.
Chartered Professional Accountants