The auditor is required to communicate certain matters related to the audit to those charged with governance in the company.Which of the following items should be communicated to those charged with governance?
A)the auditor's responsibility under generally accepted auditing standards
B)significant personnel policies
C)auditor judgments and accounting estimates
D)managements' adjustments
E)auditor's judgments about the quality of the entity's accounting principles
F)both A and B
G)both A and E
H)both C and D

Question

Quizplus · Accepted Answer

The auditor is required to communicate to those charged with governance matters such as the auditor's responsibility under generally accepted auditing standards and the auditor's judgments about the quality of the entity's accounting principles. These communications are essential for ensuring that those charged with governance are aware of the auditor's perspective on the audit and the entity's accounting practices.

The Auditor Is Required to Communicate Certain Matters Related to the Audit