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FINANCIAL STATEMENTS June 30, 2019 and 2018Table of Contents THE UNITED WAY OF CENTRAL NEW YORK, INC.INDEPENDENT AUDITORS REPORT ___ 1 AUDITED FINANCIAL STATEMENTS ___ 3 STATEMENTS OF FINANCIAL POSITION
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An independent auditor's report is a formal opinion or disclaimer expressed by an independent auditor regarding the fairness of the financial statements of an entity.
Entities that are publicly traded or required by regulatory authorities to have their financial statements audited are required to file an independent auditor's report.
The independent auditor's report is filled out by the auditor after conducting a thorough audit. It includes an audit opinion section, a basis for opinion section, and sections addressing the responsibilities of both management and the auditor.
The purpose of an independent auditor's report is to provide assurance to stakeholders about the accuracy and reliability of an entity’s financial statements.
An independent auditor's report must include the auditor's opinion, the basis for that opinion, the entity’s financial statements, and any relevant disclosures.
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