2019-11-07: Auditor's Opinion

IMAMBUTTON: The auditor of Imam Button Industries Limited has given the following emphasis of matter in the audit report of the Company for the year ended on 30 June 2019: ''Emphasis of Matter: without modifying our opinion we draw attention to the following matter: Deferred tax has not been calculated in accordance with IAS-12 ''Income Taxes''. The Company calculated deferred tax without considering the provision of para 34 of said standards. Disclosure made in the financial statements were satisfactory to depict the state of the Company's affairs of its operations but the company did not completely fulfill the requirement of IAS 12 ''Income Taxes''.''