Question

deals with the oversight of the internal control systems? 13. what is an audit opinion?

Explanation:

An audit opinion is a statement issued by an auditor regarding the fairness of a company's financial statements in accordance with accounting standards. It provides an assessment of whether the financial statements present a true and fair view of the company's financial position, results of operations, and cash - flows. The oversight of internal control systems is related as a strong internal control system helps in the reliability of financial reporting which is relevant for the auditor's assessment in forming an audit opinion.

Answer:

An audit opinion is a statement by an auditor on the fairness of a company's financial statements in line with accounting standards, assessing if they present a true and fair view of the company's financial aspects.