anchor: Although the following standard on reporting on compliance with laws and regulations and on internal control over financial reporting is applicable to audits of financial statements, the requirement to report deficiencies in internal control (see paragraphs 5.11 through 5.15) and reporting fraud, illegal acts, and other noncompliance (see paragraphs 5.16 through 5.26) is applicable to all financial audits.
positive: Standards on reporting with regards to laws and regulations have internal controls and audits.
negative: There are no rules nor regulations with regards to the standards on reporting.