The auditor provides an opinion on internal control over financial reporting for one of its public companies a Is the auditor also required to audit the company 's financial statements at the same time Explain b Does an unqualified report on internal controls over financial reporting imply that the...

a Yes for public companies if the auditor is going to issue a report on internal controls the audito ...

The auditor provides an opinion on internal control over financial reporting for one of its public companies.

Question:

The auditor provides an opinion on internal control over financial reporting for one of its public companies.
a. Is the auditor also required to audit the company's at the same time? Explain.
b. Does an unqualified report on internal controls over financial reporting imply that the company does not have any significant deficiencies in controls? Explain.
c. If the auditor did not detect any material misstatements in the can the auditor conclude that there are no material weaknesses in internal control? Explain.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...