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Report is defined as a collection of information about something or rumors or gossip that is being spread. An example of report is a paper a student writes about a book. An example of report is a summary of findings provided after a committee investigates a situation.
What is the 'Auditor's Report'. The auditor's report is recorded in the annual report, the auditor's report tests to see that a corporation's financial statements comply with GAAP. This is sometimes referred to as the clean opinion. BREAKING DOWN 'Auditor's Report'. Most auditor's reports consist of three paragraphs.