After conducting an accounting audit, the expert who conducts the audit submits a final report to the company containing the full conclusions from the audit. In other words, the audit report is the final conclusion of the expert.
The auditor’s report is an official document that contains the opinion of the person conducting the audit on the reliability of the financial statements of the audited company.
Only a qualified specialist with specific accounting knowledge can prepare a final audit report. Otherwise, the audit report may contain inaccurate information that may subsequently lead to the recognition of the report as erroneous by the courts.
To avoid the imposition of penalties by the regulatory authorities, businesses that require an audit hire special companies that have specific expertise in this field.
The VALEN team has extensive experience in accounting and can provide a full range of services related to the audit of financial statements and submission of a reliable expert opinion.