auditor's report

[riya]

I'm currently reviewing some financial statements and diving into the auditor's report. While I have a general understanding of its purpose, I'm hoping to get some insights from the community on specific aspects.

 

[robertwilliam]

An auditor's report, also known as an audit report, is a formal document issued by an independent external auditor expressing their opinion on a company's financial statements. It essentially provides an assessment of whether the financial statements are presented fairly, in accordance with accounting standards, and are free from material misstatements.

 

[rajat]

An auditor's report is a formal opinion issued by an independent auditor after examining a company’s financial statements. It states whether the financials are presented fairly and in accordance with accounting standards. The report can be unqualified (clean), qualified, adverse, or a disclaimer of opinion, depending on the findings.

 

[peterkavinsky]

An auditor's report is a formal opinion issued by an independent auditor after examining a company's financial statements. It states whether the statements are accurate, complete, and comply with accounting standards.

 

[Olivia]

An auditor’s report is a brief statement by an independent auditor stating whether a company’s financial records are correct and follow the rules. It helps people trust the company’s financial information.