List six contents of an unqualified audit report

Auditing and Assurance Revision Questions and Answers

i) Opening Paragraph

This identifies the financial statements of the entity that have been audited.

ii) Scope Paragraph

Indicating that all information and explanations necessary for the opinion were provided.

iii) Opinion Paragraph

That the financial statements presents a true and fair view of the operating results and financial position of the organization.

iv) Books of Account

That proper books of account were kept and these met the requirements of the Companies Act.

v) Financial Statements and Underlying records

That financial statements prepared reflect a true and fair view and agree with the underlying records including the books of account.

vi) Date of the report

vii) Auditor‘s address and signature.

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