The audit report is addressed to
A)the management of the company
B)the partner in charge of the audit
C)the stockholders and the board of directors
D)the SEC,AICPA,and the PCAOB

Question

Quizplus · Accepted Answer

The audit report is primarily addressed to the stockholders and the board of directors, who are responsible for overseeing the company's financial reporting and ensuring its accuracy. However, the report may also be presented to other parties such as management, regulatory agencies (e.g. SEC), and the auditing profession (e.g. AICPA and PCAOB), but the primary audience is the stockholders and board of directors.

The Audit Report Is Addressed to