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Audit reports provide the status of the financial health of a business entity. GAAS, or the Generally Accepted Auditing Standards, governs the preparation of these reports. When writing an audit report, there are some things that you need to keep in mind. For instance, the format of these reports should be as specified by GAAS. However, they may also vary depending on the circumstances. Take for example, the format of an internal audit report will differ from the standards depending on the work involved.
So, when preparing an audit report, you must pay attention to these aspects. Depending on the requirements the nature of the audit report can change. But not to worry! We, at SlideTeam, have the top 7 audit report templates, so you can create your reports easily.
These PPT Templates are content-ready and 100% editable to give you flexibility and save you time and energy. Let’s take a look at them!
Template 1 - SEO Audit Report to Improve Organic Search Results and Website Traffic Complete Deck
SEO audits help find functional issues in websites that could be affecting search result rankings by employing best practices. Our audit report PPT Template aims to improve organic search results and website traffic. You can use this template to perform audits in areas like technical analysis, on-page analysis, competition analysis, and keyword analysis. The template has vital information about the SEO and content audit processes, including how to write reports, descriptions, and action plans. It also discusses what a successful audit report should have and how to cost-effectively implement different SEO auditing tools. So, don't wait any further.
Template 2 - Supplier Audit Report PowerPoint Template Bundles
This PPT Slide provides all the information you need about your suppliers. The template gives you the management standards and the audit team leads' names, dates, times, and areas. The slide also comes with the Result and Comment sections. You can mark audit results as Satisfactory or Excellent and leave appropriate feedback in the Comment section. Besides this, the template has Evaluation Criteria for the audits. You can also generate a supplier evaluation report using this template. The evaluation report would depend on factors like the scope of the audit, recommendations, strengths, and areas of improvement. Go ahead and download this template today!
Template 3 - Vendor Audit Report PowerPoint Template Bundles
Use our PPT Preset to assess the quality of your vendors. The template comes with different quality assessment criteria. Some criteria applicable during your audits may include design and engineering control, procurement control, manufacturing control, and inventory management. That's not all. You also get Measuring and Testing Equipment Control, Resource Management, and Continuous Advancement.
The template also offers different scores for grading vendors, including Points achieved, Weight, and Weighted Scores. You can set specific evaluation rules for the points assigned to vendors, such as out of 6 or 15.
The template is also helpful in checking if you have all the items you ordered from your vendors, as it comes with a checklist feature. Similarly, you can add vital information about the supplier, not to mention the products. Get this template today!
Template 4 - Sample Scorecard for SEO Audit Report Edu PPT
The template is an SEO scorecard that measures different aspects of technical, on-page, and off-page audits. Technical SEO audits, for example, may depend on the following factors:
- Sitemaps
- Robots.txt
- Site Errors
- URL Errors
Similarly, on-page SEO may depend on these factors:
- Title Tags
- Meta Description Tags
- Headings (H1s and H2s)
- Content Duplication
- Image Optimization
Off-page SEO scores may depend on the factors listed below.
- Internal and External Links
- Backlinks
- Anchor Text
- Social Media Integration
You can assign a score to each factor in every audit category. So, you can rely on this handy audit report to do the job. Download this template today!
Template 5 - Audit Report Qualified Opinion Adverse Opinion Occupation Health and Safety
As an audit report on occupational health and safety, this PPT Template consists of a framework for MIS and Staff Payroll. The framework includes all the essentials, such as capital budgeting, an integrated MIS system, and a system to track the purchases made using petty cash and card.
Occupational health and safety is a major feature of this template, as it helps track the money spent on the safety and well-being of the workers. The slide also lets you track payroll and overtime pay. So, with this template, you can keep records of employees' salaries and if they are getting paid on time.
The template also features occupational health and safety audit reports showing qualified and unqualified opinions. There are the four categories:
- No tampering of records.
- Records not maintained according to standards.
- Records misinterpreted.
- Incomplete reports.
So, download this slide now, and start conducting audits on occupational health and safety.
Template 6 - Five Major Advantages of Audit Report
The template is relatively simple and designed to convince users of the advantages of audit reports. There are five major advantages of audit reporting, three of which are in the template:
- Audit reports can give you a clear picture of audit statements.
- They help you become more transparent, especially to your shareholders.
- Audit reports also help parent companies keep tabs on their subsidiaries.
So, these are some advantages of audit reports. You can use this template to learn more about auditing and audit reports and how they benefit your company.
Template 7 - Status of Monthly Audit Reports with Multiple Activities
The slide gives you audit reports with multiple activities. You can use this template to prepare company balance sheets. However, the template also helps accountants design inspection reports. So, whether you want to submit audit reports or prepare them for the records, you can leverage this template to conduct the financial analysis you need.
The template has a simple design and is easy to use. There are five columns, and each column gives you essential information.
There is also a 'Date on Which the Report Was Sent to the Organization' column, where you can mention the date you sent the report. The last column is 'Status,' where you can mention 'Yet to be Prepared,' 'Reviewed,' or 'Submitted for Review.'
So, download this template today, and start preparing your reports today!
Conclusion
Investors read audit reports before deciding on investing. So, audit reports must be well-prepared and clearly depict the company's financial Status. Auditors mainly include financial statements in the 'Introduction' section of the reports and a summary of how they conducted the audit under 'Scope.' In the 'Opinion' section, auditors leave their opinions about the company and its financial Status.
So, overall, audit reports templates help give you a summary of the company, primarily its financial Status, and investors only need to go through them without having to analyze them.
FAQs on Audit Reports
What is an Audit Report?
Audit reports give an overview of the company's financial stance. It is a document that consists of the auditor's opinion about the company's financial statements. They must comply with GAAS standards, and with various entities, such as banks, creditors, and regulators, need them for different purposes.
What are the four types of audit reports?
Audit reports are opinions of experts about the financial Status of a company. There are four main types of audit reports:
- Clean Reports or Unqualified Opinions
- Qualified Reports or Opinions
- Disclaimer Reports or Opinions
- Adverse Reports or Opinions
What are the stages of audit reporting?
The audit reporting process may consist of several stages, depending on the type of report required. However, most audit processes consist of these five stages:
- Selection – In this stage, auditors select the kind of audit approaches using risk-based techniques. After that, audit teams meet and discuss with the management regarding the development of the plans and the risks involved in meeting the objectives. The Executive Audit Committee, a Board of Trustees, then approves the plan.
- Planning – Audits require thorough planning, starting with defining the scope and objectives. Internal audit teams meet with the management to discuss the risks involved, the purpose of the audit, and other logistics.
- Fieldwork – Auditors conduct the audit during the fieldwork phase by implementing several steps. These steps may be conducting interviews, reviewing laws, and implementing the best policies. They may also verify sample transactions, conduct surveys, and analyze data. Regular meetings may be held during this phase to discuss the Status of the audits, note observations, and suggest recommendations.
- Reporting – The reporting phase consists of meetings and discussions with the management regarding the fieldwork and audit results. Auditors prepare observation memos to inform management about their findings and recommendations. The management then provides a corrective or preventive action plan after reviewing the findings and a timeline to implement them. These responses go onto the final report.
- Follow-Up – Follow-up involves checking on implementing the recommendations the management approves. The president of the Executive Audit Committee must know about corrective or preventive action plans that don't progress or haven't commenced.
What are the purposes of audit reporting?
The main goal of audit reporting is to ensure that the company's financial records are intact. So, this means that an audit report is as important a part of the company's statutory document as balance sheets, profit and loss statements, and director's reports.
