Rogers Sugar Inc. Releases Auditor's Report on Financial Statements

Rogers Sugar Inc. has issued its independent auditor's report concerning the company's consolidated financial statements for the fiscal years ending September 28, 2019, and September 29, 2018. The report was prepared by KPMG LLP.

The audit encompasses the company's consolidated statements of financial position, earnings, changes in shareholders' equity, and cash flows. KPMG confirms that the financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS).

KPMG stated its independence from Rogers Sugar Inc. in accordance with relevant ethical requirements in Canada. The report also outlines that management is responsible for the preparation and fair presentation of the financial statements, including internal controls necessary to ensure they are free from material misstatement, whether due to fraud or error.

The auditors' responsibilities section details the objectives of the audit, which include obtaining reasonable assurance that the financial statements are free from material misstatement and issuing an auditor's report containing an opinion. This process involves assessing risks of material misstatement and designing audit procedures accordingly.