audit report
Examiner's official findings
An audit report is a formal document presenting the findings of an audit—typically an independent examination of financial statements or organizational practices.
The report states whether records are accurate, complete, and compliant with applicable standards: The audit report revealed several accounting irregularities.
Audit reports are required for publicly traded companies and often for nonprofits and government entities.
- findingsConclusions from investigation
- balance sheetAssets-liabilities-equity report
- income statementPeriodic profit-loss report
- bottom lineEssential point or conclusion
- irregularitiesDeviations from expected patterns
ledger · corrective actions · discrepancies · cook the books · cash flow statement · number crunching · going concern · materiality · data integrity · legal compliance · performance metrics · internal controls · financial disclosures · ethical standards · internal · access controls · due diligence · risk management
- audit opinions
- documentsdocument, news, email, letter, file
- financial termswealth, asset, currency, balance sheet, debit
- paperworkinvoice, permit, documents, license, filing
- reportsstatus update, incident reports, lab reports, field reports, monthly summary
- accountingbookkeeping, ledger, balance sheet, general ledger, accounts payable
audit reportpress release
Official statement for media
promotional material · puff piece · self-certification · self-assessment · sales pitch
audit reportcover-up
Hiding wrongdoing from public
whitewash · concealment · falsified records · cooked books · obfuscation