The scope of the examination of internal controls in an internal control audit is the same as the scope of examination performed as part of the financial statement audit.

Question

Quizplus · Accepted Answer

The scope of the examination of internal controls in an internal control audit is more focused and detailed on the company's internal control over financial reporting, whereas the scope of examination performed as part of the financial statement audit is broader, aiming to express an opinion on the financial statements as a whole.

The Scope of the Examination of Internal Controls in an Internal