ACG 5637 Chapter Notes - Chapter 15: Strategic Business Unit, Internal Control, Financial Statement
4 Dec 2020
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The auditor reports to at least 2 major constituencies those charged with governance of the entity and readers of the general purpose of the financial statements. Communications of audit results to those charged with governance and management. Reports on internal control issues discovered as part of the gaas audit: the discovery of a significant deficiency requires written communication to the audit. Committee and management: the report should state that it is based on an audit whose purpose was to report on the fs and does not provide assurance about the overall effectiveness of internal control. Reporting matters to audit committees about the effectiveness of icofr as part of an. The primary external communication prepared by the auditor is the formal auditor"s reports. Audit report in an integrated audit must provide all . Introductory paragraph: title, addressee, scope paragraph, definition paragraph, opinion paragraph, signature, location, date.
