What is audit report?

<p>Audit report is a type of financial document that summarizes the financial performance of the company. An independent author prepares an audit report which includes the unbiased review of the company's financial performance. An audit report consists of the liabilities and assets of the company. The auditor's opinion on company's finances are also included in this report. The aim of audit reports is to make sure that all companies are audited and considered under the same standards.</p>

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