Chapter 3 - Audit Reports Standard Report Heading and Title...

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Audit Reports Standard Report Heading and Title Content--3 paragraphs (names of paragraphs) Signature and Date
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Standard Report Key words and Phrases Introductory paragraph
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Standard Report Key Words and Phrases Scope paragraph We have conducted our audits … Description of GAAS
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Standard Report Key Words and Phrases Opinion paragraph—always an unqualified opinion in standard report
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SOX 404—Implications for Reports Audit of ICS and management’s assessment of ICS is required under 404. Report on ICS and management’s assessment may be separate or combined. Separate reports—reference to the report on internal controls Combined report Intro, Scope, and Opinion are all modified Paragraphs added to Define IC over financial reporting Discuss inherent limitations of IC
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Types of Reports Standard Report Report Expressing an Unqualified Opinion with Explanatory Paragraph or Modification
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This note was uploaded on 02/09/2011 for the course ACCT 407 taught by Professor Smith during the Spring '11 term at University of Louisiana at Lafayette.

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Chapter 3 - Audit Reports Standard Report Heading and Title...

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