Graphic Presentation of Audit Reports.
Abstract The typical auditing textbook includes, as one of its final chapters, a detailed coverage of the audit report, with special emphasis on departures from the unqualified report. Nevertheless, students often have difficulty in adequately distinguishing among several types of audit opinions. The student with no experience in the field remains somewhat confused. Perhaps graphic presentation can provide a helpful supplement for the classroom. Chapter 10 of the book "Auditing Standards & Procedures" is an excellent piece of writing and a much-needed contribution in this context. There can be seven type of audit reports, and modifications in the audit report may result from many situations. Primary among them are, a deficiency in auditing resulting from a restriction in the scope of auditing, a deficiency in accounting in the form of incorrect financial statements, and an uncertainty concerning future developments. The article proposes and discusses a graphical representation of these aspects to gain better understanding of audit reports.
- DOI
- 10.2308/tar-4482989
- Volume
- 41 (1)
- Pages
- 134-138
- Language
- en
- Export
- BibTeX
- Sources
- openalex crossref