Public reporting on the effectiveness of internal control over financial reporting, as required by the Sarbanes-Oxley Act, includes:
A)a statement that the public accounting firm that audited the financial statements has provided input on the design of internal controls.
B)the auditor provides an opinion on whether the entity maintained, in all material respects, effective ICFR as of the specified date, based on the control criteria.
C)an explicit statement as to whether management agrees with the public accounting firm's assessment of internal controls.
D)a detailed statement describing changes or additions to the internal control environment that occurred in the current year.

Question

Quizplus · Accepted Answer

The public reporting on the effectiveness of internal control over financial reporting, as required by the Sarbanes-Oxley Act, includes an auditor's opinion on whether the entity maintained effective internal control over financial reporting in all material respects as of the specified date, based on the control criteria. Options A, C, and D are not mandatory components of the reporting requirements.

Public Reporting on the Effectiveness of Internal Control Over Financial