How would a negative assurance report on internal controls

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Questions -

Q1) If Australia did require public reporting on internal control and provision of assurance on that report, how would a negative assurance report on internal controls over financial reporting likely affect share prices?

Q2) Is the nature of the deficiency in internal control likely to make a difference in the potential effect on share market prices?

Q3) Explain by identifying, the types of deficiencies that would most likely have a negative effect on share market prices?

 

Reference no: EM132652844

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