imported>Doug Williamson: Add reference to Expectation gap.

2021-11-06T19:06:48Z

Add reference to Expectation gap.

← Older revision		Revision as of 19:06, 6 November 2021
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	An auditors opinion is part of an auditors' report on a company’s audited financial statements.		An auditors opinion is part of an auditors' report on a company’s audited financial statements.


	The audit opinion will generally report on whether the financial statements – among other things:		The audit opinion will generally report on whether the financial statements – among other things:
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	*Have been properly prepared in accordance with relevant financial reporting standards.		*Have been properly prepared in accordance with relevant financial reporting standards.
	*Have been prepared in accordance with relevant company law.		*Have been prepared in accordance with relevant company law.


			Auditors do not guarantee or certify the amounts in the financial statements.

			The incorrect belief that they do, is sometimes known as the audit "expectation gap".


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	* [[Auditor]]		* [[Auditor]]
	* [[Auditors’ report]]		* [[Auditors’ report]]
			* [[Certificate]]
	* [[Company law]]		* [[Company law]]
	* [[Directors report]]		* [[Directors report]]
	* [[Directors' responsibilities statement]]		* [[Directors' responsibilities statement]]
			* [[Expectation gap]]
	* [[Financial reporting]]		* [[Financial reporting]]
	* [[Financial statements]]		* [[Financial statements]]

imported>Doug Williamson: Create page. Sources: Linked pages.

2021-11-02T17:34:39Z

Create page. Sources: Linked pages.

New page

''Auditors' reports on annual accounts.''

An auditors opinion is part of an auditors' report on a company’s audited financial statements.

The audit opinion will generally report on whether the financial statements – among other things:
*Present a true and fair view of the state of affairs of the company (or other entity being reported on), its profit or loss and its cash flows.
*Have been properly prepared in accordance with relevant financial reporting standards.
*Have been prepared in accordance with relevant company law.

== See also ==
* [[Accounts]]
* [[Audit]]
*[[Audit trail]]
* [[Auditor]]
* [[Auditors’ report]]
* [[Company law]]
* [[Directors report]]
* [[Directors' responsibilities statement]]
* [[Financial reporting]]
* [[Financial statements]]
* [[Qualified audit report]]
* [[Reporting entity]]
* [[Shareholders]]
* [[True and fair view]]

[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Compliance_and_audit]]

Audit opinion - Revision history

imported>Doug Williamson: Add reference to Expectation gap.

imported>Doug Williamson: Create page. Sources: Linked pages.