[jingsf19]

Hi there,

When an issuer’s internal control has a material weakness, but the financial statements are good, free from errors, what report we should issue?? Thank you.

[Adam]

Unqualified..if the numbers are good the numbers are good. I don't do Pcaob audits so could be wrong..but your job as an auditor isnt to test controls only the accuracy of F/S. Control risk is only used in planning of the audit.

[Author]

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