The topic on auditing also prepares accounting students to undertake quality audits to comply with the standards by reviewing objective evidence. Quality audits verify the effectiveness of the management system. They are also essential in providing evidence regarding the elimination and reduction of problem areas as they are management tools to achieve continuous improvement in the organization. Furthermore, knowledge of international auditing standards constitutes a competitive advantage for accounting students in the job market. Companies tend to give the highest priority to students who possess this knowledge as they perceive that they are better positioned to improve the company's efficiency and to achieve its goals and objectives effectively (Wu & Tsai, 2006, p. 445). Accounting students with audit knowledge also earn a better salary than their colleagues in the job field as they are perceived to perform an important task in the organization. Research on the impact of international audit standards on audit reports in Swedish companiesResearch Methodology and Data Analysis To answer questions revolving around the impact of international audit standards on audit reports in companies, qualitative research is vital to establish the differences and similarities of audit reports in different companies. The research will examine the audit reports of all Swedish companies listed on the Stockholm Stock Exchange in the years 2011, 2012 and 2013. The target population will include all companies listed on the Stockholm Stock Exchange as of 31 December 2014. with a split financial year 2012/2013 will be...... half of the paper ......close to regression tests so as to explain how different independent variables might have an effect on the accuracy of the auditor's report. The coefficient of determination will indicate the section of the sum variance of the dependent variables that can be referred to the independent variable. The study will also use multicolliniarity to indicate correlations that exist between the independent variables independently or in groups. The personal and professional objectives to be achieved through research1. Assess the impact of international audit standards on audit reports in companies.2. Measuring the efficiency of audit reports in companies.3. Evaluate the relationship that exists between audit firms, size, duration and branches with reference to audit reports.4. Examine the importance of the topic of auditing for accounting students.