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The auditors annual report brings together all of the auditors work over the year. This should be presented at an appropriate forum at the body (e.g. Audit Committee or Full Council) and be made available on the authoritys website.
Annual reports are comprehensive documents designed to provide readers with information about a companys performance in the preceding year. The reports contain information, such as performance highlights, a letter from the CEO, financial information, and objectives and goals for future years.
Auditors are finance professionals who perform audits they review financial statements, internal processes, and transaction records to assess accuracy and completeness. Internal auditors typically work for the company they audit and guide management on improving recording and reporting processes.
In contrast to compiled and reviewed reports, an audited report involves a thorough review of each and every item on a financial statement. It also entails internal protocol testing to ensure money moves about your company in a way that your reports accurately reflect.
Look for the companys annual report which is called Form 10-K. Within that report, the audit report is included under Item 8. After locating the 10-K report Edgar provides options for viewing it as a document or interactively.
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