The title of the audit report shall be uniformly standardized as "audit report".

Considering that this title has been widely accepted by the public, the title of audit report issued by certified public accountants in China does not contain the word "independence", but certified public accountants should abide by the requirements of independence when auditing financial statements.

2. Recipients

The recipient of the audit report refers to the object that the certified public accountant sends the audit report according to the requirements of the engagement letter, and generally refers to the client of the audit business. The audit report shall indicate the full name of the recipient.

The certified public accountant shall reach an agreement with the client on the object of issuing the audit report in the business agreement, so as to prevent disagreement on this issue or abuse of the audit report by the client. Audit reports issued for a set of general financial statements are usually sent to all shareholders or the board of directors of the audited entity.

3. Introduction paragraph

The introduction paragraph of the audit report shall state that the name of the audited entity and the financial statements have been audited, and include the following contents:

(1) indicates the names of financial statements that constitute a complete set of financial statements;

(2) See the notes to the financial statements;

(3) indicate the date and period of the financial statements.

Extended data

The audit report shall indicate the date of the report. The date of the audit report shall not be earlier than the date when the certified public accountant obtains sufficient and appropriate audit evidence (including the evidence that the management recognizes the responsibility for the financial statements and has approved the financial statements) and forms an audit opinion on the financial statements on this basis.

When determining the date of the audit report, the certified public accountant shall consider:

(1) The audit procedure to be implemented has been completed;

(two) the matters that should be submitted to the audited entity for adjustment have been put forward, and the audited entity has adjusted or refused to adjust;

(3) The financial statements have been formally signed by the management.

Baidu Encyclopedia-Financial Audit Report