law: Co-Operative Societies Act 2008 
  10.
  
  Auditor’s report
  For
  
  the purposes of section 137 of the Act, the Auditor of a society shall indicate
  
  in his report whether or not the financial statements contained in his report-
  a.      were prepared in
  
  accordance with generally accepted accounting principles or international
  
  standards; and
  b.     are presented on a
  
  basis consistent with that of the preceding year; and if they are not, an
  
  explanation as to why either or both of (a) and (b) are not met.