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ALRAQABA . ISSUE 15
Performance audit reports:
According to the requirements of ISSAI 3000
(guidelines on performance auditing), SAIs shall
publish individual reports along with a summary
of performed work to be included in their annual
reports. The provided audit reports shall be
complete, precise, substantive, convincing,
reader-friendly, and brief.
Compliance audit reports:
The Compliance Audit Guidelines of INTOSAI
(ISSAI 4100) present a wide range of factors
that affect the format of compliance audit
reports. Such as the mandates of the SAI,
relevant legislation, the objective of the
undertaken compliance audit, customary
reporting practices, the complexity of issues
being reported, and the nature of the entity
receiving the report (the addressee).
Based on those factors, the SAIs shall decide
on the format of their audit reports, which
may be in short or long-form. Elements of a
short-form report include the title of the report,
the addressee, objectives, and scope of the
audit (including the time period covered),
identification or description of the subject
matter information, identified criteria, and
responsibilities of the various parties. Short-form
reports shall also include an identification of
the auditing standards applied in performing
the work, a summary of the work performed,
a conclusion, responses from the audited
entity, recommendations, report date,
and the signature.
Elements of long-form reports, on the other
hand, include the title page, table of contents,
glossary (if necessary), summary, introduction,
objectives, scope, and the observations and
findings. They shall also include the conclusions
and recommendations, responses from the
audited entity, appendices (if necessary), and
the type of opinion (i.e., unqualified, qualified,
adverse, or disclaimer opinion). Auditors
may also incorporate an Emphasis of Matter
paragraph in their long-form reports.
Audit
Finance and
