The auditors report on internal control over financial reporting that goes to the public must report material weaknesses in
A) financial statement format
B) internal affairs
C) internal control
D) management
E) supervision

Question

Quizplus · Accepted Answer

The auditors report on internal control over financial reporting is specifically designed to identify and report on material weaknesses in internal control. This is because effective internal control is crucial for the accuracy and reliability of financial reporting.

The Auditors Report on Internal Control Over Financial Reporting That