Principles:
207. A company’s financial statements must be audited by independent external auditors who should assess whether the financial statements adequately reflect the company’s financial position using the results based and risk based approach.
208. External auditors must be independent in that they should have no material relationship with the company whose financial statements they audit.
209. External auditors prepare an audit report for consumption by the company, the Board, management and shareholders, as the case may be.
210. The external auditors’ report must indicate whether the financial statements give a true and fair view of the financial position of the company and the results of its operations for the period in question.

• According to the NATIONAL CODE ON CORPORATE GOVERNANCE ZIMBABWE