Do foreign-funded enterprises need auditing? Foreign-funded enterprises make audit reports, which mainly have the functions of verification, protection and proof. Forensic function: as a detached and independent third party, express opinions on the legality and fairness of the financial statements of the audited entity. This opinion has the function of obtaining evidence and has been widely recognized by the government, its departments and all walks of life. Protection: Through auditing, audit reports with different types of audit opinions can be issued on the financial statements of the audited entity, thus improving or reducing the trust of users of financial statements information in financial statements, and protecting the property of the audited entity, the rights and interests of creditors and shareholders and the interests of enterprise stakeholders to a certain extent.