M2 Communicating and reporting in an integrated audit Flashcards
1
Q
What should be the title for the integrated audit
A
Report of independent registered public accounting firm
2
Q
How should the opinion section start
A
In our opinion except for the effects
3
Q
What principles should the opinion state
A
GAAP
4
Q
What standards are referenced in the Basis
A
PCAOB
5
Q
What should the definition and limitations of internal control over financial reporting state
A
The process is designed to provide reasonable assurance in accordance with GAAP
6
Q
What should be stated in the Critical audit matters
A
a separate paragraph describing the departure from GAAP and defining material weakness along with any material weaknesses.
