Dillon Is Auditing Byrne Corp

question 14

Multiple Choice

Dillon is auditing Byrne Corp., a public company. Byrne recently implemented a new accounting system. As part of the ICFR audit, Dillon discovers that material controls surrounding access to the new software were only partially installed. Dillon should:

• A) withdraw from the audit.
• B) issue a disclaimer opinion on the ICFR.
• C) issue an adverse opinion on the ICFR.
• D) depending on the circumstances, the auditor may choose any of the above.