Adverse opinions on the effectiveness of internal control over financial reporting (ICFR) are frequently issued for large, well-established companies.

Question

Quizplus · Accepted Answer

Adverse opinions on the effectiveness of internal control over financial reporting (ICFR) are relatively rare for large, well-established companies because these entities typically have robust internal control systems in place to ensure accurate financial reporting.

Adverse Opinions on the Effectiveness of Internal Control Over Financial