Simplicity should be one of the important characteristics of good audit report. It should be clear, should not conceal material information. It should be concise or brevity. Repetitions of facts & figures should be avoided in order to control the length of the report. It should clearly indicate the scope of work to be done, … Read more
Characteristics of good audit report:-
Simplicity
Firmness objectivity
Disclosure principle or unbiased
Clarity
Consistency
Accepted principles