(1) The auditors of a company shall make a report to the members on the individual accounts examined by them, and on every balance sheet and profit and loss account or income statement, and all group accounts, laid before the company in general meeting during their tenure of office.
(2) The auditors' report shall be read at the annual general meeting of the company and shall be open to inspection by any member.
(3) Every auditor of a company shall have a right of access at all reasonable times to the books, accounts and vouchers of the company and shall be entitled to require from the officers (within the meaning of section 197(5)) of the company such information and explanations that are within their knowledge or can be procured by them as he thinks necessary for the performance of the duties of the auditors.
(4) The auditors' report shall include -
(a) an introduction identifying the individual accounts, and where appropriate, the group accounts, that are the subject of the audi