audit report
[/ˈɔːdɪt rɪˈpɔːrt/]
nounpl: audit reports
relatório de auditoria
1. A formal document prepared by auditors detailing their examination of financial records, internal controls, and operational activities of an organization
The annual audit report revealed several discrepancies in the company's accounting procedures.
O relatório de auditoria anual revelou várias discrepâncias nos procedimentos contábeis da empresa.
2. A detailed assessment that includes findings, opinions, recommendations, and conclusions about the financial health and compliance status of an entity
The audit report will be presented to the board of directors next week.
O relatório de auditoria será apresentado ao conselho de administração na próxima semana.
3. An official statement issued by an external or internal auditor confirming whether financial statements are fairly presented
The independent audit report provided an unqualified opinion on the company's accounts.
O relatório de auditoria independente forneceu uma opinião sem ressalvas sobre as contas da empresa.
In Brazil and Portugal, audit reports are crucial documents in corporate governance and are required by law for large companies and public entities. They play a significant role in financial transparency and are often required by banks, investors, and regulatory bodies. The 'parecer de auditoria' (audit opinion) is particularly important as it reflects the auditor's professional judgment on financial statement accuracy.
Related Idioms & Phrases
clean audit report - relatório de auditoria sem ressalvas
qualified audit report - relatório de auditoria com ressalvas
audit red flag - sinal de alerta identificado no relatório de auditoria
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