Question#$1.$ What is a client's reporting responsibility in connection with internal control over financial reporting?

A client's annual report must include a management report that contains management's assessment of the effectiveness of the company's internal control over financial reporting as of the end of the company's most recent fiscal year, including a statement as to whether the internal control is effective.

An auditor is required to attest to $($audit$)$ and report on management's assessment of internal control over financial reporting if the auditor audits the company's financial statements included in the company's annual report. The auditor's attestation report must then be included in the annual report.