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17 April 2023SECURITIES AND EXCHANGE COMMISSION Secretariat Building, PICC Complex Rojas Boulevard, Manila Through: Re:Corporate Finance Department Shang Properties, Inc. (SPI)Gentlemen: We are submitting
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Independent auditors report is a formal opinion on the accuracy and completeness of a company's financial statements.
Publicly traded companies and some private companies are required to have an independent auditor's report.
Independent auditors report is filled out by auditors who are independent of the company being audited.
The purpose of independent auditors report is to provide assurance to stakeholders that the financial statements are free from material misstatement.
The independent auditor's report must include the auditor's opinion on the fairness and accuracy of the financial statements.
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