You have been engaged by the trustees of Roger Trust to audit the trust as of December 31, 19XX. The audit is for the purpose of assuring the trustees and beneficiaries that trust assets, distributions, and income and expenses have been accounted for in accordance with the terms of the trust instrument. The trust instrument provides that financial statements are to be prepared on the cash basis.

a. State the type of audit report you consider most appropriate in this circumstance and explain why.

b. Draft the report you would issue if, after your audit, you had no reservations about the financial statements.