In 750-1,000 words, identify the elements in an auditor's report that are needed for an organization in the United States. How does an auditor's report fit within the accounting cycle? What are typical qualities, constraints, assumptions, and principles associated with an auditor's report? Explain the importance of reviewing supplemental financial information shown in footnotes. Be sure to include all stakeholders when explaining the importance. What role does the application of ethical principles in accounting have for management positions and the auditor?
Provide three to five resources to support your answer.