The report that is specifically designed to provide an assessment of the credibility and reliability of the financial statements a company issues for external use,is the:

Question

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The audit report is prepared by an independent auditor and provides an opinion on whether the financial statements are presented fairly in all material respects and in accordance with the applicable accounting standards. It is the primary means by which users can assess the credibility and reliability of a company's financial statements for external use. The director's statement, director's report, and trustee statement may provide additional information on the financial performance and position of the company, but they do not provide the same level of assurance on the accuracy of the financial statements.

The Report That Is Specifically Designed to Provide an Assessment