NO, The above statement doesnot indicate the level of accountability. The auditor is required to state the matters which has been come to his knowldege after considering the sufficient and appropriate evidence as per the auditing proceudres applied by it through proper planning. As per applicable Financial Reporting Framework, it is the responsibility of the audit to comment on all the matters which any other statute or regulatory body or any other law for the time being enforced other than the Auditing Standards applicable on it. Therefore if any matter come into the knowldege of auditor which would have affect the entity or its users or its legally compulsory to comply with should necessarily report in "Emphasis on other matter " Paragraph stating the facts on which he has formed the opinion regarding its Qualifiaction, so that the users of such Auditor's report can easily understand whether the Entity has complied with the requirements they are required to as per Statutes applicable to them.

In the given case, where the auditor has not complied with such requirement will result to non fulfilment of the duty of an civil servant and it will eventually reduce the crediablity of the users of financial statement .