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Author Question: When communicating with the audit committee and management, (Read 94 times)

jlbond23

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on: Aug 21, 2022

Question 1

The auditor is responsible for communicating significant internal control deficiencies to the audit committee, or those charged with governance. This communication
◦ may be oral or written.
◦ must be oral.
◦ must be written.
◦ must be oral via direct communication.

Question 2

When communicating with the audit committee and management,
◦ only material fraud and illegal acts are required by auditing standards to be communicated.
◦ all internal control deficiencies are required by auditing standards to be communicated.
◦ the communications should be made in a timely manner to allow those charged with governance to take appropriate actions.
◦ all communications with the audit committee and management must be in writing.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by jlbond23 on Aug 21, 2022

bball_babe_123

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jlbond23

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Reply 2 on: Aug 21, 2022
Great answer, keep it coming :)

nathang24

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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