审计英语课件第8章.ppt

Chapter 5 Audit Report 5.1 Categories of Audit Report 5.2 Conditions for Each Type of Audit Report 5.3 Compilation of Each Type of Audit Report Learning Objectives Learn the categories of audit report. Remember the contents of standard unqualified audit report. Identify the different situations to issue the different audit reports and know how to write the audit reports. 5.1 Categories of Audit Report 5.1.1 Unqualified Opinion 5.1.2 Qualified Opinion 5.1.3 Adverse Opinion 5.1.4 Disclaimer of Opinion Glossary Unqualified Opinion 无保留意见 Qualified Opinion 保留意见 Adverse Opinion 否定意见 Disclaimer of Opinion 无法表示意见 Audit reports are essential to audit engagements because they communicate the auditors finding. Users of financial statements rely on the auditors report to provide assurance on the companys financial statements. The audit report is the final step in the entire audit process. The auditor is likely to be held responsible if an incorrect audit report is issued. Auditor’s report is a written document issued by the auditor on the basis of an audit in accordance with China Standards on Auditing, aimed at expressing an opinion on the financial statements of an entity. The auditor should include a clear expression of the auditor’s opinion on the financial statements in the auditor’s report and be responsible for the report. The auditor should attach the audited financial statements of the entity to the auditor’s report. The auditor should evaluate the conclusion drawn from the audit evidence as the basis for forming an auditor’s opinion on the financial statements. When forming an opinion on the financial statements, the auditor should evaluate whether, based on the audit evidence obtained, there is reasonable assurance that the financial statements taken as a whole are free from material misstatement. In evaluating whether the financial statements have been prepared in accordance with the applicable accounting standards，the auditor should consider the