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AGS 9 illustration 2 is applicable to a group audit of a Statutory Board with subsidiaries.
In a group audit of a Statutory Board with subsidiaries, where consolidated financial statements are issued, there is no requirement under the Public Sector (Governance) Act 2018 for the auditor (of a statutory board which is a parent entity) to report on whether the accounting and other records of the subsidiary corporations audited by the same auditor have been properly kept.
Accordingly, we have removed this requirement from the opinion paragraph of the illustration.
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