Compliance Audit Report & what to include Flashcards
1
Q
Statement that audit was conducted
A
In accordance with GAAS and GAS issued by the Comptroller General of the US
2
Q
Statement that compliance audit includes
A
examining on a test basis evidence about entity compliance
3
Q
Statement that compliance audit does not
A
provide legal determination of compliance
4
Q
Management is responsible for
A
maintaining effective I/C over compliance with laws, regulations, contracts and grants
5
Q
Auditor’s consideration over I/C over compliance
A
Not to identify all significant deficiencies
6
Q
Report is
A
intended solely for the use of management
7
Q
define
A
deficiency and material weakness over I/C
8
Q
Statement that the auditor
A
does not express an opinion on I/C over compliance
