Chapter 6
Reports
Basic elements of an audit report:
. Tittle
. Addressee
. Introductory paragraph
. Management responsibilities
. opinion paragraph
. Other responsibilities
. Date
. Signature
. Name of audit partner
Additional elements of an audit report :
. Key audit matter paragraph
. Other information paragraph
. Basis for opinion paragraph
. Material uncertainty paragraph with respect to going concern
What is an audit report: An auditor is required to communicate all his findings at the end of
the audit in the form of a written document. This written document is called an audit report.
What opinion to give in an audit report
There are 4 types of opinions and they are:
. unmodified or unqualified opinion
. Qualified opinion
. Adverse opinion
. Disclaimer of opinion
Reports
Basic elements of an audit report:
. Tittle
. Addressee
. Introductory paragraph
. Management responsibilities
. opinion paragraph
. Other responsibilities
. Date
. Signature
. Name of audit partner
Additional elements of an audit report :
. Key audit matter paragraph
. Other information paragraph
. Basis for opinion paragraph
. Material uncertainty paragraph with respect to going concern
What is an audit report: An auditor is required to communicate all his findings at the end of
the audit in the form of a written document. This written document is called an audit report.
What opinion to give in an audit report
There are 4 types of opinions and they are:
. unmodified or unqualified opinion
. Qualified opinion
. Adverse opinion
. Disclaimer of opinion
