compare and contrast audit procedures and reporting within a business context. Include the following: Discuss the different audit reports. Under what circumstance is each report used? Outline the auditor’s code of professional conduct and independence in relation to the audit reports. What specific information would be examined during an audit that would require analytical procedures? Include test examples of the cash and collection cycle

Refer: 

Auditing & Assurance Services: A Systematic Approach     by WIlliam Messier Jr                                                    

                                                                        

                                                                     

Answer rating: 100% (QA)

Several types of Auditors Reports exist These include standard unqualified explanatory qualified disclaimer and adverse The Standard Auditors Report is unqualified Unqualified means that in the audito... View the full answer