Which of the following is not part of management's report on internal controls?
A) Management responsibility for control of financial reporting.
B) The framework used to evaluate internal control.
C) An assessment of the effectiveness of the company's internal control.
D) A statement indicating the extent of tests performed to assess controls.

Question

Quizplus · Accepted Answer

The extent of tests performed to assess controls is typically included in the auditor's report, not in management's report on internal controls. A, B, and C are all usual components of management's report on internal controls.

Which of the Following Is Not Part of Management's Report