The combined audit report on financial statements and internal control over financial reporting typically contains five paragraphs.

Question

Quizplus · Accepted Answer

The combined audit report on financial statements and internal control over financial reporting typically contains five paragraphs, covering the scope of the audit, the auditor's opinion on the financial statements, the auditor's opinion on the effectiveness of internal control over financial reporting, an explanatory paragraph (if necessary), and the auditor's signature and date of the report.

The Combined Audit Report on Financial Statements and Internal Control