â I nsider tradingâ refers to transactions in a companyâs securities, such as stocks or options, by corporate insiders or their associates based on information originating within the firm that would, once publicly disclosed, affect the prices of such securities.
A: A management letter is an auditor's letter addressed to the client, according to Allbusiness.com. It is a letter written by company management that confirms the accuracy of an audit. An audit is an examination and verification of a company's financial and accounting records and supporting documents presented by a professional, such as a certified public accountant.
An audit report is a formal document where internal formal document where internal audit audit. summarizes its work on an audit and reports its findings and. recommendations based on that work. The Auditor's report is provided as an assurance service in order for. the user to make decisions based on the results of the audit.