# Accounting Paper 1, November 2024, question 4.4

> Explain what this auditor’s report means for each of the following groups. Marked mark by mark. Q4.4, Accounting Paper 1 November 2024, 4 marks.

Canonical: https://sharpkop.co.za/accounting/2024-nov-p1/q4-4/
Last updated: 2026-11-12

Subject: Accounting. Source: Based on Nov 2024 · Paper 1 · Q4.4. Marks: 4. Not yet checked by a teacher.

## Question 4.4 (4 marks)

Extract from the auditor’s report of Karoo Brands Ltd for the year ended 28 February 2025:
The auditors state that the annual financial statements give a fair picture of the company’s financial position in all important respects. They also state that the evidence they gathered was enough and suitable to support this conclusion. No concerns were raised.

Explain what this auditor’s report means for each of the following groups. Give ONE point for each group: the directors and the shareholders.

## Practise it

[Answer this question](https://sharpkop.co.za/accounting/2024-nov-p1/q4-4/) and see it marked mark by mark, with the reason for every lost mark.

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