Governance failures over the past decade related to the external auditor included all of the following except:

Question

Quizplus · Accepted Answer

Choices B and C are commonly cited as governance failures related to external auditors. Choice A, however, is a failure of the client's internal controls, not the external auditor's. While the external auditor is responsible for providing an opinion on the adequacy of the client's internal controls, it is ultimately the client's responsibility to design, implement, and maintain their own controls.

Governance Failures Over the Past Decade Related to the External