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Audit Report — Order of paragraphs

Forums › ACCA Forums › ACCA AAA Advanced Audit and Assurance Forums › Audit Report — Order of paragraphs

  • This topic has 1 reply, 1 voice, and was last updated 11 years ago by meyerhoff.
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  • May 31, 2014 at 8:58 pm #172223
    meyerhoff
    Member
    • Topics: 5
    • Replies: 10
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    What are the order of paragraphs for the statutory audit report?

    June 1, 2014 at 5:38 pm #172402
    meyerhoff
    Member
    • Topics: 5
    • Replies: 10
    • ☆

    yes that is it, thank you very much.

    on a slightly different note, current issue = Audit Report needs to change:

    – Too long… Remove scope paragraph and replace with weblink
    – Opinion is most important point > Move it to first paragraph
    – Use more simple language
    – Include a statement whih states auditor is independent.
    – Explain different opinion types
    – Disclose name of engagement partner > increases accountability.
    – Extra opinions (GC, Other Info, etc)
    – Detail auditor responsiilities)

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