If separate reports on the entity's financial statements and internal control over financial reporting are presented,the auditors' report on the financial statements should reference the report on internal control over financial reporting.

Question

Quizplus · Accepted Answer

According to auditing standards, if separate reports on the entity's financial statements and internal control over financial reporting are presented, the auditor's report on the financial statements should reference the report on internal control over financial reporting. This is to provide readers with a complete understanding of the company's financial position and the effectiveness of its internal controls. Therefore, option A is correct.

If Separate Reports on the Entity's Financial Statements and Internal