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 accounting principles
B)significant personnel policies
C)managements' judgments and accounting estimates
D)audit adjustments
E)auditor's judgments about the quantity of the entity's accounting principles
F)both A and B
G)both C and D
H)both D and E

Question

Quizplus · Accepted Answer

The auditor is required to communicate to those charged with governance, among other matters, significant accounting policies used or changes in those policies, management judgments and accounting estimates, audit adjustments, or disagreement with management. Choice G includes the relevant items that should be communicated to those charged with governance.

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