Which of the following is NOT required to be communicated to the audit committee or similarly designed body under ASA 260?
A) difficulties encountered in performing the audit, such as lack of availability of client personnel and failure to provide necessary information
B) all material irregularities and illegal acts of a material nature
C) the auditor's responsibilities under generally accepted auditing standards, including responsibility for evaluating internal control and the concept of reasonable rather than absolute assurance
D) disagreements with management about the scope of the audit, applicability of accounting principles, or wording of the audit report

Question

Quizplus · Accepted Answer

Material irregularities and illegal acts are typically communicated to management and those charged with governance, but ASA 260 specifically focuses on the auditor's responsibilities, audit scope, and significant findings rather than explicitly requiring communication of all material irregularities and illegal acts.

Which of the Following Is NOT Required to Be Communicated