The auditor may test internal controls when evaluating internal controls over the financial reporting process for public companies.

Name: The auditor may test internal controls when evaluating internal controls over the financial reporting process for public companies.
Brand: Quizplus
Rating: 4.9 (30 reviews)

Question

Quizplus · Accepted Answer

The auditor is required to perform testing of the design and operating effectiveness of internal controls over financial reporting for public companies in accordance with the PCAOB standards.

The Auditor May Test Internal Controls When Evaluating Internal Controls