Accounting Audit Evaluation Form
Accounting Audit Evaluation Form
Please provide the details of the company's latest financial statements and your overall assessment.
Audit Period: [Month Day, Year] - [Month Day, Year]
Balance Sheet
|
Category |
Value |
|---|---|
|
Total Assets |
$5,000,000 |
Income Statement
|
Category |
Value |
|---|---|
|
Total Revenue |
$7,500,000 |
Cash Flow Statement
|
Category |
Value |
|---|---|
|
Net Cash from Operating Activities |
$3,500,000 |
Auditor's Observations and Recommendations
Findings:
The company maintains robust financial records with minor discrepancies in inventory accounting.
Recommendations:
Implement a more detailed inventory tracking system to ensure accuracy in financial reporting.
Overall Assessment:
The company shows a strong financial position with effective internal controls and moderate financial risk. Compliance with GAAP is satisfactory, and operational risk is low.
Auditor's Signature:
[Your Name]
[Job Title]
[Month Day, Year]
