217k views
2 votes
What is included in reports to mgmt of significant/control deficiences & mat wknesses?

User Hansika
by
8.8k points

1 Answer

0 votes

Final answer:

Reports to management of significant/control deficiencies and material weaknesses include an overview of weaknesses and deficiencies in internal controls and financial reporting processes.

Step-by-step explanation:

In reports to management, significant/control deficiencies and material weaknesses are included. These reports provide an overview of the weaknesses and deficiencies in the organization's internal controls and financial reporting processes. They help management understand the areas that need improvement and take necessary actions to enhance internal controls.

Related questions

asked Mar 6, 2024 95.2k views
Robert Sievers asked Mar 6, 2024
by Robert Sievers
9.3k points
1 answer
2 votes
95.2k views
asked Jul 28, 2024 62.1k views
Citrin asked Jul 28, 2024
by Citrin
8.0k points
1 answer
5 votes
62.1k views