This material has been designed for educational purposes only. It presents an analysis of the main features of an auditor's report as well as specific terminology and translation techniques.

1. Auditor’s Report
Ayudante Alumna: Candela Blanco – candelablanco.t@gmail.com
Profesora a cargo: Ileana Yamina Gava
Facultad de Lenguas - Universidad Nacional de Córdoba

2. Background Information
▪ Todos los asientos que se realizaron diariamente durante el año sirven, al finalizar el
ejercicio, para armar los estados contables:
Estado de Situación Patrimonial 🡪 Balance sheet
Estado de Resultados 🡪 Income Statement
Estado de Flujo de Efectivo 🡪 Cash Flow Statement
▪ Una vez que están armados los estados contables bajo responsabilidad de la
empresa, el auditor (externo) evalúa y hace un trabajo de auditoría sobre todos esos
estados y establece si esa información que elaboró la entidad refleja razonablemente
lo que ocurrió durante el año o no.

3. What is an Auditor’s Report?
▪ A written letter attached to a company's financial statements.
▪ It is published in the annual report (Informe Anual).
▪ It expresses the auditor’s opinion of a company's compliance with
standard accounting practices.
▪ It follows a standard format.
https://www.investopedia.com/terms/a/auditorsreport.asp

4. Who conducts the audit?
“An auditor is a person authorized to review and
verify the accuracy of financial records and ensure
that companies comply with tax laws. They protect
businesses from fraud and point out discrepancies
in accounting methods (…). The main duty of an
auditor is to determine whether financial
statements follow generally accepted accounting
principles(GAAP).”
https://www.investopedia.com/terms/a/auditor.asp

5. Parts of an Auditor’s Report - USA
▪ 1st paragraph 🡪 Responsibilities of the auditor and directors
▪ 2nd paragraph 🡪 The scope (set of standard accounting practices
used as a guide)
▪ 3rd paragraph 🡪 Auditor’s opinion
▪ 4th paragraph (optional) 🡪 Information about a separate audit
on another function of the company.
https://www.investopedia.com/terms/a/auditorsreport.asp

6. Parts of an Auditor’s Report - ARG
▪ 1st paragraph 🡪 Introducción
▪ 2nd paragraph 🡪 Responsabilidad de la dirección en relación con
los estados contables
▪ 3rd paragraph 🡪 Responsabilidad del auditor
▪ 4th paragraph 🡪 Opinión

7. Parallel Texts and
Terminology

8. Título y Encabezado
http://www.microsoft.com/investor/reports/ar13/financial-review/auditors-
report/index.html
Microsoft’s Auditor Report
Informe de auditoría de
una empresa de
demoliciones (Córdoba)

14. Terminology and Fixed
Expressions

15. English Term/Phrase Spanish Equivalent
Accounting records Registros contables
Amounts and disclosures Montos y declaraciones
Las cifras y la información
Auditing standards Normas de Auditoría
Companies Act Ley de Sociedades Comerciales
Evidence relevant Datos relevantes
Financial position /State of affairs (Estado de) situación patrimonial
Financial statements Estados contables (Arg. SPA)
Estados financieros (U.S. SPA)

16. English Term/Phrase Spanish Equivalent
Financial year Ejercicio
Fiscal year ending/ended Ejercicio finalizado
Give a true and fair view Ser el fiel reflejo
Give reasonable assurance Garantizar razonablemente
Material misstatements Incorrecciones significativas
Regulations in force
Current/applicable legislation
Disposiciones vigentes
Report Informe
Significant estimates and
judgements
Razonabilidad de las estimaciones
contables

17. Bibliography
▪ Consejo Profesional de Ciencias Económicas de Córdoba(2019). Informe de auditoría. Recuperado
de: https://cpcecba.org.ar/
▪ Kenton, W. (2018). Auditor’s Report. Recuperado de:
https://www.investopedia.com/terms/a/auditorsreport.asp
▪ Liberto, D. (2019). Auditor. Recuperado de: https://www.investopedia.com/terms/a/auditor.asp
▪ Microsoft. (2013). Annual Report. Recuperado de:
http://www.microsoft.com/investor/reports/ar13/financial-review/auditors-report/index.html