Which of the following statements is a standard applicable to financial statement audits in accordance with Government Auditing Standards (the “yellow book”)?
- An auditor should report on the scope of the auditor’s testing of internal controls.
- All instances of abuse, waste, and mismanagement should be reported to the audit committee.
- An auditor should report the views of responsible officials concerning the auditor’s findings.
- Internal control activities designed to detect or prevent fraud should be reported to the inspector general.