In an integrated audit the auditor is required to issue a report expressing an opinion on management's assessment of the effectiveness of controls.

Question

Quizplus · Accepted Answer

This statement is true. In an integrated audit, the auditor is required to issue a report expressing an opinion on both the financial statements and management's assessment of the effectiveness of controls over financial reporting. This is commonly known as an integrated audit report or opinion.

In an Integrated Audit the Auditor Is Required to Issue