auditeerimisaruandes

Auditeerimisaruandes, often translated as audit report, is a document produced by an independent auditor that provides an opinion on whether a company's financial statements are presented fairly, in all material respects, in accordance with a specified accounting framework. This report is a crucial part of the financial auditing process, offering assurance to stakeholders such as investors, creditors, and regulators about the reliability of the financial information.

The report typically includes several standard sections. It begins with an introduction that identifies the financial statements audited and the period they cover. This is followed by the auditor's responsibilities and management's responsibilities, clarifying the roles of each party. The core of the report is the auditor's opinion, which can be unqualified (clean), qualified, adverse, or a disclaimer of opinion, depending on the findings. An unqualified opinion indicates that the financial statements are free from material misstatement. A qualified opinion highlights specific issues that prevent a fully clean opinion. An adverse opinion means the financial statements are materially misstated and do not present a true and fair view. A disclaimer of opinion is issued when the auditor is unable to obtain sufficient appropriate audit evidence to form an opinion.

The auditor's report also often includes sections on key audit matters (KAMs) for listed entities, which describe matters that, in the auditor's professional judgment, were of most significance in the audit. The report concludes with the auditor's signature, the date of the report, and the location of the audit firm. This document is essential for corporate governance and financial transparency.