Learning Objective 12-01: Understand the types of reports that accompany an entity's financial statements and the content of the auditors' standard (unmodified) report.

Learning Objective 12-02: Identify situations in which language in the standard (unmodified) report is modified and the type of opinion issued in those situations.

Learning Objective 12-03: Identify situations in which auditors add explanatory language to an unmodified opinion.

Learning Objective 12-04: Understand the auditors' responsibility for reporting on financial statements presented in comparative form.

Learning Objective 12-05: Identify other reporting considerations related to GAAS audits.

Learning Objective 12-06: Understand the contents of the auditors' report for the financial statements of issuers.