The essence and the form of auditing report

Auditor's report on provides assurance to financial statements users that disclosed information are processed and prepared in conformity with generally accepted accounting standards. Auditor's opinion adds credibility to financial information and reduces information risk. Auditor's report stresses and separates client's management responsibility for qualitative and quantitative characteristics of financial information, from auditor's responsibility for expresses opinion. Form and substance of auditor's report, and types of auditor's report are defined with International standards on auditing. Need for auditor's report uniformity is a consequence of harmonization and standardization in profession and global uniformity. Uniformity has its bad sides also, which is confirmed by famous cases in audit profession. Standardized auditor's reports are disclosed publicly. Assurance in auditor's report on financial statements has been determined on a high level. Auditor's report always has to include some type of auditor's opinion - unqualified opinion, qualified opinion, adverse opinion or disclaimer of opinion.