Under GAAS,:
A) the auditor can amend the language of the ICFR audit report.
B) the auditor can issue an adverse opinion on the ICFR without withdrawing from the engagement.
C) the auditor cannot issue an adverse opinion on ICFR without citing scope limitation.
D) the auditor can issue an adverse opinion on the ICFR only if (s)he issues a qualified opinion on the financial statements.

Question

Quizplus · Accepted Answer

The auditor can issue an adverse opinion on the internal control over financial reporting (ICFR) if they find material weaknesses in the ICFR, without needing to withdraw from the engagement. This action does not necessarily relate to the opinion on the financial statements themselves.