ABSTRACT

The auditor's report is a document that the auditor usually issue at the end of an audit assignment stating the true and fairness of the accounts as at the date of the audit.  The general opinion amongst the financial information users is that any person with a particular interest in a business should be able to trust the audited accounts, as a guaranty of solvency and viability of the business.  Therefore, when it becomes public knowledge, without previous warning, that a business is seriously in  financial difficulties, and there is tendency  to blame someone for the situation and that someone is the auditor. To provide focus for the study, research questions and hypotheses were formulated. Data collected through the use of questionnaire was analyzed using Chi-square statistical technique. The major findings, amongst others, Users of financial statement have confidence on auditor’s report, the information content of auditor’s report is sufficient for decision making and auditors comply with standards and guidelines of auditing during an audit.  Based on its finding, the study suggested some recommendations, amongst which include  Auditors (who are the public 'watch dog') should strive to preserve the users' confidence as reposed on them by the general public,      In ensuring quality auditor's report that is reliable and sufficient for decision making, auditors must be objective and independent of management, Even though, the auditor's report is a sound instrument for decision purposes for investors and managers, we advise that other areas of the business should be critically evaluated as the auditor's report is only a means to an end and not the end itself.