If the auditor concludes that audit committee oversight of financial reporting and ICFR is ineffective and that a material weakness exists, the auditor should:
A) communicate this directly to the SEC.
B) communicate this to the audit committee.
C) communicate this to the predecessor auditor.
D) communicate this to the board of directors.

Question

Quizplus · Accepted Answer

The auditor should communicate the material weakness and ineffective oversight to the board of directors, as they have the ultimate responsibility for oversight of the financial reporting process and internal controls.

If the Auditor Concludes That Audit Committee Oversight of Financial