FYI Overview of Examination Reports—Basic Structure Examination reports do not follow the structure/organization of current auditing standards 1. The paragraphs of an examination report are not labeled. 2. The body of the examination report typically consists of four paragraphs (and a signature block) as follows: a. Introduction b. Scope c. Independence d. Opinion **Additional paragraphs may be added prior to the opinion paragraph—for example, to describe any significant inherent limitations or to emphasize certain matters related to the engagement/subject matter, and so on.**

Assertion-based examination engagement (AT-C 205)—The practitioner may either report on the responsible party’s written assertion or report directly on the subject matter; when reporting on the assertion, the assertion should accompany the practitioner’s report (alternatively, the assertion may be stated in the report). Direct examination engagement (AT-C 206)—The practitioner reports on the underlying subject matter; the responsible party does not provide a written assertion for a direct examination engagement. **An additional paragraph may be added after the opinion paragraph to restrict the distribution of the report when appropriate.**