Audit of financial statements and internal controls

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Reference no: EM13764851

An integrated audit combines the audit of the financial statements and the internal controls of financial reporting. Please address the following topics:

Describe the key points of an integrated audit.
Outline the steps you would employ in an integrated audit, and provide examples of the key points utilized for each step.
Sarbanes-Oxley requires the assessment of internal controls over financial reporting. If any weaknesses are identified, a report must be generated. Compare and contrast the 2 reports that indicate that there are weaknesses, and give the key points of each report.
Discuss the different opinions that can result from an audit. Provide examples of each opinion.

Reference no: EM13764851

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