The auditors who become aware of an internal control significant deficiency are required to communicate this to the:
A)Client's legal counsel.
B)Compensation committee.
C)Audit committee.
D)Internal auditors.

Question

Quizplus · Accepted Answer

The appropriate party to communicate the internal control significant deficiency to is the audit committee. This committee is responsible for overseeing the financial reporting process and ensuring the reliability of financial statements. It is their responsibility to evaluate the audit findings and determine any necessary corrective action.

The Auditors Who Become Aware of an Internal Control Significant