ULASAN VIDEO TENTANG AUDIT REPORT

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Chapter 6: Auditor Report

There are four basic types of audit reports or opinions namely : Unqualified, Qualified, Adverse and Disclaimer. An unqualified audit report may be "clean "or may contain explanatory language.

Companies Act 1965 requires companies to prepare financial statements and that they should be audited whereby the auditor must express an opinion whether the financial statements are accurate

The basic structure of an audit report comprises ,audit report address, introductory paragraph, scope paragraph, auditor details such as address, name and signature

An unqualified audit report with explanatory language is issued if the overall financial statements give a true and fair view but there is inconsistency in regard to one of the following -inconsistent application of GAAP.

https://www.facebook.com/mypolyaudit/videos/2579369648839604/

QUESTIONS

  1. What is an audit report? (group 1)
  2. Name the different type of audit reports  (group 2)
  3. Under what condition would the auditor issue an unqualified report? (group 3)
  4. What condition that both disclamer an adverse opinions can be used? (group 4)
  5. Name the different parts of audit report.  (group 5)
  6. Explain the different between an unqualified audit report and a qualified report. (group 7)
  7. List the type of audit report.  (group 8)
https://drive.google.com/file/d/1vtH0O8yHk4oI-BPOCcoVs3qHwjUgyHea/view?usp=sharing
https://www.youtube.com/watch?v=rN_SCW9qB3g

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