Submit a paper detailing types of audit reports for both issuers and nonissuers, and
the differences between the requirements for issuers versus nonissuers.
Include a discussion of the differences between audit reports, compliations and reviews.
There are 4 types of audit reports for both issuers and non-issuers -
Differences-
Auditors are made mandatory by the auditing standards when it comes for the issuers, to audit the reports according to the controls and issue audits on sox and internal controls.
While on the other hand, for non-issuers, the auditors don’t have to do it according to the controls. However, SOX is needed to be audit in this case also.
Each report is different and stated differently in the format of audit report. For example, qualified report contains extra columns stating why is it not unqualified?
In the opinion sector of audit report, the auditor writes down the opinions based on the type of audit report he has issued to the company.
Submit a paper detailing types of audit reports for both issuers and nonissuers, and the differences between the require...
Q: Talk in detailing types of audit reports for both issuers and non-issuers, what are issuers vs. non-issuers? Q: What the differences between the requirements for issuers versus non-issuers? Q: What the differences between audit reports, compilations, and reviews?
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