List of Four Different Types of Audit Reports. An audit report is considered a reliable document for companies and investors to measure the trustworthiness of a company’s financial status.

Here are the most common types of IT audits. Technological Position Audit. ... Once the audit is done, compile the results, auditor’s notes and recommendations in an official audit report.

According to Walls, the findings on the County’s 2023 audit is the most serious type of audit opinion because it indicates “pervasive material misstatements.” ...

Types of IRS audits Correspondence audits. The most common type of audit is a correspondence audit, accounting for about 77% of the audits conducted by the IRS, according to agency data.