In this lesson, the factors that auditors should consider when reporting on the audit of a single financial statement are discussed, as well as the factors to consider when reporting on financial statements prepared in accordance with international standards or using special purpose frameworks like cash basis. Furthermore, the lesson also explores the factors a service auditor should consider when reporting on an examination of controls at a service organization, using examples like Apple and their payroll service provider, ADP, to provide context. Nick Palazzolo, CPA, guides through the content with the aim of making the learning experience enjoyable.