SEARCH
You are in browse mode. You must login to use MEMORY

   Log in to start


From course:

AUD Prep

» Start this Course
(Practice similar questions for free)
Question:

True or False PCAOB on Reporting Whether Previously Reported Material Weakness Continues to Exist - An engagement to report on whether a previously reported material weakness continues to exist may result in either an opinion (as to whether the material weakness continues to exist or does not) or a disclaimer of opinion.

Author: Monique Tyler



Answer:

True **In planning the audit of internal control over financial reporting, the auditor should use the same materiality considerations he or she would use in planning the audit of the company's annual financial statements**


0 / 5  (0 ratings)

1 answer(s) in total