What is the opinion on this? Please help me to answer the question.

In my view, writing an audit report is not an art, but it is a craft and requires lots of practice to learn and master it.As authors of the textbook stated, if written in an objective, clear, concise and understandable way, the audit report encourages management to act on the audit recommendations.

The authors begin the discussion of the reporting on the audit with the introduction of four purposes of the written report:

• communicate the results of audits to officials at various levels of government,
• make the results less susceptible to misunderstanding,
• make the results available to the public inspection (unless specifically limited), and
• facilitate follow-up to determine if appropriate corrective actions have been taken.

Generally, most auditors focus on reporting on internal controls to reporting on how well risks are managed.When they discuss issues with respect to controls failing, they rate them as "low-frequency high-impact", or "high-frequency low-impact".But what does that mean?Does the "low frequency high impact" mean something important to higher management?They may think that it is important for the auditors, but how it relates to their activities, responsibilities, and goals.

For example, if an auditor says, this is 'high risk', they are not communicating in a way that is helpful to readers of the report.If instead, the report says the issue represents a 'high risk to accounts payable', they still leave the reader misinformed.But, if they say that potential impact of the control failure is that there is a 'high risk that vendors will not be paid in time, leading potentially to delays in receipt of materials required in manufacturing, damage to the company's credit rating, and delays of shipments to customers', it would be more meaningful.

Auditor's findings in writing help the reader understand both what is being reported and its significance. To that end, auditors should report appropriate background information that includes a description of the statutory basis for the program, how the program works, a description of the entity's responsibilities, and the dollar amount and impact of the program.Auditors should employ the four elements of a finding (page 128, 129) to discover if there is any gap between actual performance and what much or should be happening, persuade the reader to take action, and diagnose any problem to develop helpful recommendations.