Series 65: 1.4.4.1 Auditor's Report

1.4.4.1  Auditor's Report

When a reporting company files the audited financial statements with its Form 10-K, it must include an auditor’s report indicating whether the auditor finds the financial statements to be accurate and fair. The auditor does not give an opinion on the merits of the company's finances. Instead, the auditor looks for two specific things when writing the opinion. First, do the statements conform to Generally Accepted Accounting Principles (GAAP)? Second, do the financial statements fairly represent the organizat