When an auditor issues an unqualified opinion on an entity’s internal control, it is implied that the
A/Entity has not violated provisions of the Foreign Corrupt Practices Act.
B/Likelihood of management fraud is minimal.
C/Financial records are sufficiently reliable to permit the preparation of financial statements.
D/Entity’s system of internal control is in conformity with criteria established by its audit committee.
Through God all things can happen!
“You never fail until you stop trying.”
― Albert Einstein
When I was young, I used to admire intelligent people;as I grow older, I admire kind people.
“Just keep swimming, just keep swimming.”
FAR= 72-84
Audit= 73-82
BEC= 74-75
Reg=77