Assume an audit committee is not effective. It has weak directors with little financial knowledge and they

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Assume an audit committee is not effective. It has weak directors with little financial knowledge and they are not independent of management. How do the weaknesses affect the auditor's evaluation of internal control over financial reporting? Would a non-effective audit committee constitute a material weakness in internal control over financial reporting? State your reasons.

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Auditing a business risk appraoch

ISBN: 978-0324375589

6th Edition

Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston

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