Audit Report Analysis of Viva Telecom and Capital One Finance Company

August 2022 | 12 pages | ID: A046382F83E5EN
Sadia Saeed

Abstracts

Auditing is defined as the examination of the financial reports and statements of the business organizations so that to inspect the financial creditworthiness of the business and to analyze the truth behind the management reports to the shareholders of the business. It raises the level of the disclosure in the company and the major goal of the auditor’s reports is to represent the true and fair picture of the financial concerns of the business because auditor act as representative of the shareholders and also present the report to the shareholders. The auditor report is a matter of concern and interest for all type of the stakeholders in the company. The purpose of this report is to analyze the auditor’s reports of the Kuwaiti and the American corporations and then to make the comparative analysis through the identification of the similarities and contrasting points among the auditor reports of the selected companies. (wordcount of report: 3000 words)

Contents

Introduction:
Company Description
Capital One Finance Company
VIVA Telecom Kuwait: Preparing Audit Report
Similarities among the Audit Report of Kuwaiti Company and American Company
Areas of Distinctions in the Audit Reports of Kuwaiti Company and American Company:
Base Differences
Clarity Level of Audit Reporting
Roles and Responsibilities:
Opinion
Conclusion
Recommendations
References