The social and economic environment is in a continuouschange, placing the specialists in front of some concrete situations, full withconflicts and uncertainty which ask for decisions and action. Nowadays, reality is aprocess of facts being continuously developing therefore a standard of utilitiesbecomes absolutely necessary.The present discourse refers to the audit report- as a final result of the externalauditor’s work and to the possibilities of improving this report – so as to contributeto a better financial stability in the actual context of the economic crises. Thestrength of the auditor is essential to re-establish the trust in the market.The methodology of research is a qualitative one, because the data have beengathered without quantifications or other works. I have tried a deep look into thematter, realizing a synthesis of the opinions connected to the efficiency of theauditor’s report, as a means of communication between auditors and the users ofthe accounting information. ISA 700 has been analyzed, worked out and comparedto the economic reality and the specialty literature in the field, referring severaltimes to the Green Book “The policy of the audit : crises lessons“.

statutory audit, audit report, reasonable assistance, modified opinion, the role of the auditor

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3. The International Federation of the Accoutres, International Audit Standards and Quality Control Manual- Financial Audit, 2009, Irecson, Publishing House, Bucharest
4. Garcia Benau, Maria A.; Humphrey C. ; Moizer P.; Turley S., 1993, La auditoría y sus expectativas; Los casos de España y del Rey Unido, ICAC, Madrid
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6. European Commission, 2010 October, The Green Book “The audit policy: lessons of crises”, Brussels,
http://ec.europa,eu/internal_market/auditing/otherdocs/index_en.htm
7. The Economic and Social European Committee, 2011, Preliminary Project of the study group „The audit policy”, regarding The Green Book “The audit policy: lessons of crises”, debated in the Public Meeting from
April 28th 2011, Brussels, http ://www.eecs.europa.eu