Examples of audit report(审计报告英文样本）
Examples of audit report(审计报告英文样本）
1.Following is an example of an audit report containing an unqualified opinion
Audit report
ilinkTo: The Board of Directors (or Shareholders) of ABC company ltd:
contested
伤感的英文歌曲We have audited the accompanying balance sheet of ABC Co., Ltd. (“ the Company”) as of December 31, 2002, and the related statements of income and cash flows for the year then ended. The financial statements are the responsibility of the Company’s management. Our responsibility is to express an audit opinion on the financial statements bad on our audit.
We conducted our audit in accordance with the Independent Auditing Standards for Certified Public Accountants. Tho Standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material
misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes asssing the accounting principles ud and significant estimates made by management, as well as evaluating the overall financial statement prentation. We believe that our audit provides a reasonable basis for our opinion.
In our opinion, the financial statements give a true and fair view( or are prented fairly, in all material respects, ) the financial position as of December 31, 2002 , and the results of its operations and its cash flows for the years then ended in accordance with the requirements of both the Accounting Standard for Business Enterpris and other relevant financial and accounting laws and regulations promulgated by the State.
Certified Public Accountant: lili
Certified Public Accountant: zhanghua
**Certified Public Accountants(name and stamp of the firm)
Beijing, People’s Republic of China
February 26, 2003
2.Following is an example of an audit report containing an unqualified opinion with an explanatory paragraph
Audit Report
To: The Board of Directors (or Shareholders) of ABC company ltd.:
We have audited the accompanying balance sheet of ABC Co., Ltd. (上海新东方英语官网“ the Company”) as of December 31, 2002, and the related statements of income and cash flows for the year then ended. The financial statements are the responsibility of the Company’s management. Our responsibility is to express an audit opinion on the financial statements bad on our audit. e mail
We conducted our audit in accordance with the Independent Auditing Standards for Certified Public Accountants. Tho Standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes asssing
the accounting principles ud and significant estimates made by management, as well as evaluating the overall financial statement prentation. We believe that our audit provides a reasonable basis for our opinion.
In our opinion, the financial statements give a true and fair view( or are prented fairly, in all material respects, ) the financial position as of December 31, 2002 , and the results of its operations and its cash flows for the years then ended in accordance with the requirements of both the Accounting Standard for Business Enterpris and other relevant financial and accounting laws and regulations promulgated by the State.paycheck
In the cour of our audit, we have reminded the management that, due to the sharp price decline in the stock market since January 2003, an investment loss totaling RMB5 700 000 would be incurred if the short-term equity curities held by your Company were sold out on March 10
Certified Public Accountant: lili
Certified Public Accountant: zhanghua
**Certified Public Accountants (name and stamp of the firm)
你有权保持沉默Beijing, People’s Republic of China February 26, 2003
Audit report
3.Following is an example of an audit report containing an qualified opinion
Audit Report
To: The Board of Directors (or Shareholders)of ABC company ltd.:
We have audited the accompanying balance sheet of ABC Co., Ltd. (“ the Company”) as of December 31, 2002, and the related statements of income and cash flows for the year then ended. The financial statements are the responsibility of the Company’s management. Our responsibility is to express an audit opinion on the financial statements bad on our audit.
tle>察察为明We conducted our audit in accordance with the Independent Auditing Standards for Certified Public Accountants. Tho Standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statements. An audit also includes asssing the accounting principles ud and significant estimates made by management, as well as evaluating the overall financial statement prentation. We believe that our audit provides a reasonable basis for our opinion.
The accompanying balance sheet at December 31, 2002 includes project rvice fees receivable of RMB17,309,667 and other long-term receivables of RMB160,599,155 . The amounts are owing by one of the joint venture investors of the Company and certain business partners of that investor. As described in Notes 5 and 6 to the financial statements, there is uncertainty about the collectibility of the receivables. Becau the ability of the debtors to repay the receivables is dependent upon the success of future operations of certain projects and upon the ability of the debtors to comply with the terms of their agreements with the Company, it is not possible to estimate the amount which ultimately will be collected. Provision for loss relating to the project rvice fees receivable has been made at approximately 3% of the year-end balance, and no provision is made for other long-term receivables.
In our opinion, except for the possible effects of the uncertainty about the collectibility of the project rvice fees and other long-term receivables, the financial statements referred above give a true and fair view( or are prented fairly, in all material respects, ) the financial position as of December 31, 2002 , and the results of its operations and its cash flows for the years then ended in accordance with the requirements of both the Accounting Standard for Business Enterpris and other relevant financial and accounting laws and regulations promulgated by the State.
The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. However, as explained in Note 10 to the financial statements, the Company has been unable to negotiate an extension of its borrowings with its foreign joint venture investor beyond December 31, 2003. Further, as described above, there is uncertainty about the collectibility of project rvice fees receivable and other long-term receivables. Becau of this uncertainty, and without the continued financial support of the foreign investor, there is substantial doubt that the Company will be able to continue as a going concern beyond 2003. Conquently, adjustments may b
e required to the recorded ast amounts. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.
Certified Public Accountant: lili
Certified Public Accountant: zhanghua
**Certified Public Accountants (name and stamp of the firm)
Beijing, People’s Republic of China February 26, 2003
4.Following is an example of an audit report containing an adver opinion
Audit Report
To: The Board of Directors (or Shareholders)of ABC company ltd.:
We have audited the accompanying balance sheet of ABC Co., Ltd. (“ the Company”) as of December 31, 2002, and the related statements of income and cash flows for the year then ended. The financial statements are the responsibility of the Company’s management. Our responsibility is to express an audit opinion on the financial statements bad on our audit.
We conducted our audit in accordance with the Independent Auditing Standards for Certified Public Accountants. Tho Standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes asssing the accounting principles ud and significant estimates made by management, as well as evaluating the overall financial statement prentation. We believe that our audit provides a reasonable basis for our opinion.
The inventory costing method as in Note XX and the valuation method for fixed asts as in Note XX do not follow the historical cost principle. This departure from the accounting standards has caud a RMBY XX decrea in the inventory value as well as a RMBY XX increa in the original value of fixed asts, which has a material impact on the correctness of the income determination.
In our opinion, due to the material impact of the matters mentioned above, the financial statements referred above give a true and fair view( or are prented fairly, in all materia
l respects, ) the financial position as of December 31, 2002 , and the results of its operations and its cash flows for the years then ended in accordance with the requirements of both the Accounting Standard for Business Enterpris and other relevant financial and accounting laws and regulations promulgated by the State.
Certified Public Accountant: lili
Certified Public Accountant: zhanghua
**Certified Public Accountants(name and stamp of the firm)
Beijing, People’s Republic of China
February 26, 2003
5.Following is an example of an audit report containing a disclaimer of opinion
Audit Report
To: The Board of Directors (or Shareholders)of ABC company ltd.:
We were engaged to audit the balance sheet of your Company as of December 31, 2002 and the related statements of income and cash flows for the year then ended. There finan
cial statement are the responsibility of the Company’s management.
According to our examination, most of the inventory purchas and product sales of your Company are, as disclod in the accompanying Note XX, transactions between related parties. However, we were unable, as a result of the limits impod by management, to perform the necessary audit procedures on tho transactions. Thus we were unable to conclude whether the transactions were fair and reasonable.
Becau of the inability to perform the necessary audit procedures on the related party transaction mentioned above and the impossibility to determine their impact on the financial statements as a whole, we are unable to express an audit opinion whether the financial statements referred to above comply with the requirements of both the Accounting Standard for Business Enterpris and other relevant financial and accounting laws and regulations promulgated by the State, or whether the financial statements prent fairly the financial position as of December 31, 2002 , and the results of its operations and its cash flows for the years then ended. partnering
Certified Public Accountant: lili
Certified Public Accountant: zhanghua
**Certified Public Accountants(name and stamp of the firm)
Beijing, People’s Republic of China February 26, 2003
