What is the role of an audit report?

by huiyun_moo on 2009-09-22 13:30:14

The function of an audit report is to authenticate whether the enterprise's financial statements comply with the enterprise accounting standards and accounting systems. Typically, behind the audit report, there will be an attachment called the taxable income adjustment table. When tax authorities conduct the final settlement of income tax, they mainly refer to this table to judge whether the enterprise's income tax settlement statement is correctly prepared. This can be somewhat helpful for enterprises going through the annual income tax settlement and clearance process. Moreover, for enterprises...