What's the difference between audit report and audit certificate?

 *   An audit report means an expression of opinion while audit certificate means the person issuing or signing the certificate vouchs the truth of the statement made by him.

*    The audit report is based on facts, estimates and  assumptions while the auditor's certificate is based on actual facts.

* The audit report is not a guarantee of the absolute correctness and accuracy of the books of accounts while auditor serves as a guarantee of the absolute correctness and accuracy of the books of accounts

* An auditor can be held responsible if the audit report is later on found to be wrong since he just gave an opinion. But a duly signed certificate is found wrong, he will be held responsible.

An audit report is the summary of audit findings, while the certificate is an indication of compliance of a particular standard or requiremnts