Refer to the audit report for Asyst Technologies in exhibit. The report is presented as an example of an adverse opinion on ICFR. Answer the following questions regarding the other contents of the report.
a. What is the auditor’s opinion on the financial statements? To what financial statements and what years does the financial statement audit opinion apply?
b. What ICFR framework did management and the auditor use?
c. What was the material weakness in ICFR that caused the adverse opinion?
d. To what is the audit report referring when it mentions Management’s Report on Internal Control Over Financial Reporting appearing under Item 9A? What Section of SOX required this particular management report?
e. The audit report includes statements beginning whit: As discussed in Note: Why are these statements included? Do they affect the auditor’s opinion on the financial statements?