The auditor’s report should, according to the Accounts and Audit Rules, contain which of the following statement(s) from the auditor?
I. The profit and loss account and the balance sheet are in accordance with the records kept by the licensed corporation under the Keeping of Records Rules and satisfy the requirements of those rules
II. The returns specified details on securities have each been compiled from the records of the licensed corporation and, if not, the nature and extent of the incorrectness
III. The balance sheet and the profit and loss account give a true and fair view of the state of affairs of the licensed corporation at the financial year-end, and of its profit or loss for the financial year, respectively
IV. There appears to have been any contravention of the FRR by the licensed corporation during the financial year.