Which of the following report to the audit committee of the Board of Directors?
A)The treasurer and controller
B)The CFO and internal audit department
C)The internal audit department and the independent CPA firm
D)The CFO and the independent CPA firm

Question

Quizplus · Accepted Answer

The internal audit department and the independent CPA firm are responsible for reporting to the audit committee of the Board of Directors, as they provide independent and objective assessments of the organization's internal controls, financial reporting, and compliance. The treasurer, controller, and CFO may provide input and contribute to the discussion, but they do not report directly to the audit committee.

Which of the Following Report to the Audit Committee of the Board