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Who gets the audit report?

In general, an audit report is issued to those in a position to see that corrective actions are taken and those with a need to know. Who gets copies of audit reports? - Risk Management Audit Services harvard.edu faq who-gets-copies-aud harvard.edu faq who-gets-copies-aud

What does Ohio auditor do?

Ohio Auditor of State. Our Mission: As Ohios chief compliance officer, the Auditor of State makes Ohio government more efficient, effective and transparent by placing checks and balances on state and local governments for taxpayers.

How long will audit last?

Audits are typically scheduled for three months from beginning to end, which includes four weeks of planning, four weeks of fieldwork and four weeks of compiling the audit report. The auditors are generally working on multiple projects in addition to your audit.

Are auditors reports made available to the public?

Auditors are generally and ultimately appointed by the shareholders and report to them directly or via the audit committee (or its equivalent) and others charged with governance. However, some companies audited financial statements, and particularly public companies, are on public record.

Are auditors allowed to prepare financial statements?

Auditors cannot prepare those financial statements for directors, or they would be reporting to shareholders on their own work. Furthermore, while auditors can and do bring pressure to bear on companies to change the financial statements, auditors cannot compel directors to make changes. Financial reporting: who does what? - ICAEW.com icaew.com technical the-future-of-audit icaew.com technical the-future-of-audit

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