Audit Report from Adidas

In our group discussion, We believe the internal control in adidas already work well, why?

Because it proves that the financial statement from adidas is true and fair view of the net asset, financial position, and profit and loss that accordance with the requirement from IDW (Institute of Public Auditors in Germany). Moreover, the report is consistent with the consolidated, financial statement and as a whole provide the suitable view of Group’s position and presents the opportunities and risk in the future.

In the internal control of this company also effective, proven by the evidence in supporting the consolidation financial statement and examine the test basis of audit framework. Also we evaluate the overall presentation of the consolidated financial statement and group management report.