What is the most common report written by accounting firms? Who is the audience for this report? Would you send this same report to the CEO of the firm’s client? Why? The most common type of report written by accounting firm is a financial audit report. The purpose of a financial audit report is to verify the information contained in the company’s financial reports is true. The audit report may be written by an internal or external auditor. If the company is a publicly traded company, they are bound by certain requirements on the Sarbanes- Oxley Act. The company is required to report their financial information as well as their reporting practices. The audit report gives the user this information. The audience for these reports is any user of the financial statements. The information contained in the audit report will reveal information required to accurately understand the information in the financial report. When sending this report to the CEO of a firm’s client, the sender may find it neccessary to send a more formal report. A longer, more formal report may highligh
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