THE ROLE OF THE AUDITORS WRITTEN REPORT IN THE AUDIT

The article considers the role of the auditor written report to the head of the entity based on the results of the audit. In a written report, the auditor indicates all the facts related to the economic activity of the entity, as well as any information relating to the audit. The observations and recommendations set out below, in all material respects, are aimed at assisting management in the process of developing current activities. Significant weaknesses in internal control and its environment have been studied, on the basis of which the risks of material misstatement inherent in the subject have been identified and assessed, in respect of which the relevant procedures have been performed, therefore, these procedures of the auditor may serve as a reason for modifying the auditor’s opinion