Question

Create an audit report showing the results from the audit in an acceptable format

Answer 1

                                       AUDITOR'S REPORT

(Appropriate Addressee)

We have audited the attached Balance Sheet of ---------(Name of entity) as at (Day) (Month) 2XXX and

also the Profit and Loss Account for the year ended on the date annexed thereto.These financial statements are the responsibility of the entity's management.Our responsibility is to express an opinion on these financial statements baed on our audit.

We conducted our audit in accodance with auditing standards generally accepted in (Country name).

Those standards reqire that we plan and perform the audit to obtain reasonable asurance whether the financial statements are free of material misstatement.An audit includes examining,on a test basis,evidence supporting amounts and disclosures in the financial statements.An audit also includes

assessing the accounting principles used and significant estimates made by management, as well as

evaluating the overall financial statement preparation.We believe that our audit provides a reasonable

basis for your opinion.

In our opinion and to the best of our informaton and according to the explanations given to us,the

financial statements give a true and fair view in conformity with the accounting principles generally

accepted in (Country name):

(a) in the case of the balance Sheet,of the state of affairs of-----------(Name of entity) as at (day)

(month) 2XXX;and

(b) in the case of the Profit and Loss  Account,of the profit/loss for the year ended on that date.

                                                                        For ABC and Co.,

                                                                       Chartered Accountants                                                                    

                                                                      Auditor Signature

                                                                (Name of member signing the Audit Report)

                                                                 (Designation)

                                                                (Membership Number)

Place of Signature

Date