Lesson: Integrated Audits Objectives

This lesson focuses on the objectives of integrated audits, discussing the factors an auditor should consider when forming an opinion on the effectiveness of internal control. It also covers the appropriate form and content of a report on the audit of internal control, highlighting the differences compared to a typical audit. Finally, the lesson explains how to prepare a draft report for an audit of internal control integrated with the financial statement audit. Nick Palazzolo, CPA, provides a clear and concise explanation, ensuring a thorough understanding of the complexities of integrated audits.