Significant deficiencies and material weaknesses in internal control of a public company must be reported in writing to which of the following?
A)Public Company Accounting Oversight Board
B)Members of management who are responsible for the related area of the company
C)Audit committee of the company's board of directors and to management
D)AICPA

Question

Quizplus · Accepted Answer

Significant deficiencies and material weaknesses in internal control of a public company must be reported in writing to the audit committee of the company's board of directors and to management, as per the Sarbanes-Oxley Act. Reporting to the Public Company Accounting Oversight Board or AICPA is not required in this case.

Significant Deficiencies and Material Weaknesses in Internal Control of a Public