Lontent ofAudit epot

Tile o he Cepcrt
The fitle o audt xport shouled disclose the
The
ame clicnt fo help the Hada b identily the
epot The title distinguishes the audt port
hom 0tda xpotts_

2 Name the Adldtessu

he punoD who_appoinis the auditor is cald
a an add tessu Tf a_companus appoins the audfor,
he addtessce should be Shauoldes. The complete
address_ the _addrsse is tqjuund as pa law.
Addss kor the StatuknJ audit shall be shauholder
and in catc oSpecicl audtt is contral gavenment

S Tntroductory Pax agraph.

Auditor'sopinionon the finani tatement
Shoula be included in the inttoduttor_paragtaph
hich is_auditd by him The paiccd CovabFs
sheuld be Stakd uth tratt date.

Sco pe
The Audit tramioation should covex conmpanys actLounB
phokt and Loss actount Balanu ghtut and Cash floud
Statement This_pat ghould include the malta-
fact telatling to the mannet in which_audit eaminahon
was made. Ihe eramination hotdd be as_p relovant
Law.The auditor Shotuld not tuutail any cramingte
aminghe

task
 Cpinion
The udtors opinion on
Finanu Statement ramioedthe boobs o account ano
and
by bim
information and should be hee hom 19 based an the
anu bias because
many inianaand erlunal pcuti dipeod on hiS opinion.
Th auditor has to qive
opiniona3 foloog.
Whthtr the finanial 9tatments_ _au outhmeticall
cOtrcet_and cotrespond to thbe ftqwo Kcordadin the
boobs oauonot
Whthe he Hnanial stakments kpteotnt
fair vitur the Stak o ataits and the a ttu and
opttations teulb o
l if the Ralanc gheut and Ptoht and loss accoont
phtent do not
a ttu and lair viu the kasong for ohat and
oh 1S tuxeng

StanatuuL
Ibe pnanal name and Signatu ok the auditor shatuld
begivtn t he auditor i a fitm, the Sigatu in the
pLDonadl name and irm name 9hauld be aivtn.

Placa c Siqnatu
This Sheudd inud th lecation_o the audiko or the
audbton firm._
Dak the leport
Ihe dak Cempution the audit wotk shauld be
Imentioned.
 ypes Audit teport
Clean or Ungualilcd leport
An unquauiedlsopinionis consÍderod as a cdean
Hrt. This type o tepor indiralu that the audir
au Satisfied wuth the companys inantial Depotfing
D Cltan on Unqualiied tuptt tuil be qiven hy Hhe
Qudori the audilor "is Saished about the atconts
Brudanca Shut, ftofit_and loss_actaunt and eash Hoto
Staltmunt. Most (ompanies erpect to teeu ye this this
pe Ckpot
mAn unqualiHtdopinien dot1nt have anu Rnd
advrae lemments Or ans discaumzs akout_ anyo
plau sta
ivTht auditor believs that the companr
in goed Cempliancawitb opuatons
.
and applicable LaLS geivczanu phhupks
 ualificd Repout
W.
Whtn an _auditor isn't sahsfied or tonfdunt about any
Spetipic rtansatien that pHuents him hom
ssung an unqialuhed, tr cltan teport thun he mu
ligsuaaJualikied_opinion.
ualilied kpot nat auptable hom Invesats _pointoß
vitw a tbas neqaive optnion akout a company's
fnanual Statuo

nAudutor uut up a_quaifed opinionio much the same

ny a5 an unqualuHed _Opininn uth the eTLLption that
t stat the teaSonS tbat he is not able o ptestnt
an tunaualiHed opinion

1ACommon kaSon or auditorS 1SSung a qua

iicd opinion
1s that the tompany didnt_phesent is Ccrdsuuth
GAAP
Common tason on qiving Qualikied leport aro
thethe Balanco Sheut
ahe boobj ck actount PL AcOont and
viw.
d notkprtsent tru and fair the value and eriskncg
6heauditor 19 not able to veik
o_cutain assets. tecords wtb aGAAP.
didn't_prsent its
e The oopany
b the auditor is not
) Ihe inforrmation tequeuied
funished
)Hepboobs ok attoent a nott maintained by the
Lauw._
Company as rqued by
3Digclaumu Rumort
iThe auditor 'may_dsdlain O ttkuse opinionAn
galante
tcOnts Prokit and Loss acceont and the Balante
shut, uhtn he_do not have Sukiuentingormatian
qive his opinicon

1Dhismay happen on tht follawing goonds

aThe auditor has not been ableto obtain SuAien
inkars
otmation to formo hig apinion
he audit traminatien is not adquate o krm an
opiniO

her aL Some maluial tun-detamined ikm_in

audut_raminafien._

The auditon may not have been ahle to dupict the

Corretnaturi c Some thansattioos Orto Seuu
unoughevidence to_ Stupport gacd Hncncial kpothng
Auditors that aunt alauued an oppot tunit tb
obsewe opaational photaduuis Or lo Huiu_partaula
pheuduus'may kul Uh thyU
are not able to
pRDD a diknite apinion

As d Hoult i uades an advee imaqs -

the Company
 AdvexseOpinian- Adyexse Audit eport
hHnal ype oaudit opinion is an adis
opinianAn advee audit pott uually indicateb
that finanual teports contain gioss midstatements and
hawe the_potenhal for fraud. An auditor's opinien
ts a big kd Aag
Audifors who n t at all safisGed uutb the
Hoanua Statuments or uoho discovex a high tevel o
mateial misstakmints or iilequlaiies knou that this
nat a Situalien in uohich inyesntsand the
goVunment uid mistrust the compansis finantial
kports

iAuditoKs we all upto o Qualiicd kpots o alut the

pubc as to the ftanipanay elialy and accuntabuk
o_Companizo
1Advzse opinion Sund out a hiqh aluxt that the
CompanyS Lords haven't bun pkpausd atcarding to
GAAP &rtanapauliu Anancidl "instituhons ndi lor
and invulos tab this opinion Suious and
yed doing ans ind o bulint0 uith the (ompan