In an environment where accounting irregularities and auditing failures are in the spotlight, the pressure remains on auditors to enhance communication between them and investors, as well as those charged with governance, and to increase the confidence of the users of the financial statements in the auditor’s reports. A question remains, however, whether the users of the financial statements are aware of what an auditor is expected to report on in their auditor’s report on the financial statements, and communicate as required by the International Standards on Auditing (ISAs), in accordance with the auditor’s findings.
