Audit report is an effective tool to understand about an organization. Since the Audit report has its own jargons many common people hesitate to read and understand it.This course helps to understand the nitty gritties of an audit report.This course helps the students ,professioanls,investors,analysts,lenders to understand the audit report.

An auditor's report is a formal opinion, or disclaimer thereof, issued by either an internal auditor or an independent external auditor as a result of an internal or external audit, as an assurance service in order for the user to make decisions based on the results of the audit.

Audit reports are very important to a company. Investors rely on the audit report to assess the financial health of the company and they base many important decisions on the audit report. Regulatory bodies also read the audit report as it tells them how accurate the financial information reported is. When an audit report is adverse it can seriously affect the company’s status and reputation. It is essential to have good accounting practices so that the audit of accounts goes well.

various technical jargons used in the audit report are discussed in detail.This course is suitable for everyone.