Reporting on Internal Control Over Financial Reporting

This chapter focuses on reporting related to internal control over financial reporting. The core issue is how ICFR findings are evaluated, communicated, and combined with the financial statement audit in public-company settings.

In This Chapter

• Applying PCAOB ICFR Reporting Requirements for Issuers introduces the issuer-specific ICFR reporting framework.
• Linking Financial Statement and ICFR Reporting in Integrated Audits explains how integrated reporting is structured.
• Communicating Significant Deficiencies and Material Weaknesses covers classification and communication effects.
• Choosing Combined or Separate ICFR Reports addresses form and presentation choices in issuer reporting.

How to Use This Chapter

• Read this chapter after the main audit-reporting chapter because it builds on general reporting logic.
• Focus on how ICFR classification changes communication and report consequences.
• Return here whenever an AUD miss involves public-company ICFR work or integrated audit reporting.

In this section

• Applying PCAOB ICFR Reporting Requirements for Issuers
  How PCAOB standards shape ICFR reporting for issuers in integrated audits.
• Linking Financial Statement and ICFR Reporting in Integrated Audits
  How financial statement and ICFR reporting are linked in integrated audits.
• Communicating Significant Deficiencies and Material Weaknesses
  How auditors distinguish and communicate significant deficiencies and material weaknesses.
• Choosing Combined or Separate ICFR Reports
  How auditors decide whether to issue combined or separate reports in ICFR engagements.