Проверка финансового состояния дел фирмы An independent expert, called an audit, is a complex process that requires high professionalism and precise fulfillment of many requirements. The result of the audit is a document that contains the opinion of the auditor checking the company about how well the company keeps records, what mistakes they found due to employee negligence or fraud, and how these inconsistencies can harm the company by affecting the accuracy of the company's management of further decisions based on false reporting data. This document is an audit report.
What is this document?The audit report is a special sample letter in which the reviewer tells how the audit was conducted and what results were revealed in the process of its conduct. The auditor should definitely mention in the letter what sources of obtaining audit evidence were used by him - the importance of this clause is explained by the fact that the auditor must reasonably confirm that the information analyzed by him is reliable. In addition, the auditor must submit a complete audit plan and program. In other words, the organization of the preparation of the audit should be listed in the letter in full. In this case, the reviewer immediately cuts off unnecessary questions about the fact that he initially did something wrong.
The audit report is of various types independing on what results the auditor came to during the audit. If the entire accounting system in the enterprise is working correctly and no errors or inaccuracies are found, the type of conclusion will be positive. This means that the auditor fully endorses the financial condition of the accounting at the firm and does not see any points requiring correction or correction.
Аудиторское заключение условно-положительного type is a letter in which the reviewer generally approves the accounting system in the enterprise, but indicates that the accounting system gives some failures, which result in errors that, however, do not exceed the materiality threshold, that is, they will not lead to serious misstatements based on which decisions are made.
The audit report may also benegative - if the auditor has identified serious distortions in the financial documents of the company that affect the financial statements accordingly, and as a result - decisions made by the company's management based on the distorted financial data. In this case, the auditor should describe in detail all the identified errors and inaccuracies, express his opinion about the reasons for their occurrence and possible solutions. When identifying any errors, even if administratively or criminally punishable, the auditor should not report them to the appropriate authorities - his task is only to bring information about the existence of any problems to the management of the company.
It should be noted that the auditor bearsresponsibility for the conclusion that he gave to the company’s management at the end of the audit. This means that if the auditor provided an incorrect type of conclusion or indicated incorrect information that was used by the company’s management and caused any loss, the company has the right to file a claim against the auditing company demanding compensation for damage caused by the auditor who conducted the audit. Therefore, to approach the preparation of such an important document as an audit report, it is very serious, with a full understanding of the fact that this document can be crucial for both the client company and the auditor who conducted the audit.
