The discovery of an intentional misstatement,even if immaterial,could impact the auditor's opinion on the effectiveness of the client's internal controls.

Name: The discovery of an intentional misstatement,even if immaterial,could impact the auditor's opinion on the effectiveness of the client's internal controls.
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Question

Quizplus · Accepted Answer

Even an immaterial intentional misstatement indicates a weakness in the client's internal control, which could affect the auditor's opinion on the effectiveness of internal controls.

The Discovery of an Intentional Misstatement,even If Immaterial,could Impact the Auditor's