The Objective of an Integrated Audit Is to Report on ICFR

question 55

Multiple Choice

The objective of an integrated audit is to report on ICFR and the financial statements of a public company. How does an auditor express these two opinions?

• A) Issue a single report to include both opinions.
• B) Issue two separate reports: one on ICFR and one on the financial statements.
• C) Issue three separate reports: one on ICFR design effectiveness; one of ICFR operating effectiveness; and one on the financial statements.
• D) Either a or b