In order to improve the communication value of audit report and provide more information for decision making, some international organizations explore the reform of audit report mode, and International Auditing and Assurance Standards Board developed the innovation of audit report, and issued new and revised audit reporting standards and related conforming amendments in 2015.The new audit reporting standards, although retaining the pass/fail mode, require the auditor to communicate “key audit matters”，add other information’s appraisal in the auditor’s report, focus on going concern and report the appraising result. In addition, the structure of audit report is adjusted and some terms are clarified.This paper explains these above changes, summarizes the characteristics of International Auditing Reports well as the possible consequences caused by those changes in order to provide some references for innovation of China’s audit report standards.