The audit report is the ending result of an audit and can be utilized by the receiver person or organization as a means for financial reporting, investing, changing operations, demanding accountability, or making decisions. The formal opinion of audit findings is an audit report. Have a look at the audit findings report templates provided down below and choose the one that best fits your purpose.
A review engagement is handled to give limited assurance that there are no material adjustments that should be made to the financial statements for them to be in compliance with the financial reporting framework. A review varies significantly from an audit.
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