The auditors report is a vital component in the reporting of financial information to third-party users. For instance, businesses can utilize an auditors report to attract investors, obtain loans, or improve public appearance.The auditors report is a vital component in the reporting of financial information to third-party users. For instance, businesses can utilize an auditors report to attract investors, obtain loans, or improve public appearance.Discuss the purpose and functions of the notes and the auditors report: a brief statement that expresses your thoughts on the uses of the notes and the auditors report. a brief statement that expresses your thoughts on the uses of the notes and the auditors report.