Audited financial statements of public companies must be presented consistently. Inconsistency of audited financial statements would have some impacts on their financial measurements. The utilizing of financial measurements might be difficult and misleading. This research critically analyzes independent auditors' opinions and audited financial statements published at the end of year 2000. Its objective is to examine the consistency of the presentation of the audited financial statements and if there are some inconsistencies, whether appropriatelly explain in their opinions. The result indicates the existences of inconsistencies in the audited financial statements of the public companies during the observation period.