A look at Auditors’ Reports to users of Financial Statements and to Management: Examples Drawn from Societe Generale Ghana and Bank of Africa, Ghana
Akwasi Adjei-Kuffour
Dr. Akwasi Adjei-Kuffour, Department of Accountancy, Koforidua Polytechnic PO BOX 981, Koforidua, Ghana.
Manuscript received on 11 May 2016 | Revised Manuscript received on 22 May 2016 | Manuscript Published on 30 May 2016 | PP: 4-11 | Volume-5 Issue-12, May 2016 | Retrieval Number: L22950551216/2016©BEIESP
Open Access | Editorial and Publishing Policies | Cite | Mendeley | Indexing and Abstracting
© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: The purpose of the study is to examine Auditors ‘Report to users of financial statement and to management with examples drawn from Societe Generale (Ghana) and Bank of Africa (Ghana) respectively. Audit Report is the result of auditing process and it is a key medium of communication, between auditor and financial statement user. The auditors are expected to audit the financial statement of companies so as to present a true and fair view of the company. The methodology for the data used for this research was gathered from both primary and secondary sources. The former was mainly brief interview and the latter through financial reports, textbooks, magazines and web. The process was mainly table in financial statement between 2013 and 2014.The literature review highlighted variables such as proper accounting records, feature of Audit Report, types of Audit Report, Qualified Audit Reports, Other variables in the literature review were audit circumstances, communication to management audit strategy and planning. The results and discussion of the findings shed light related assets; income retained earnings, cash flows, taxation, shareholder funds concluded that the study was carried out in conformity to audit standards such as audit opinion, level of assurance and audit functions. The recommendation highlights on regulation conformining consistency and continuity, efficiency of performance. Keywords:
Keywords: Research Focuses, Auditors are Expected, Statement between 2013 and 2014, Audit Report, Qualified Audit Reports,
Scope of the Article: Data Management