If the audit team encounters difficulties in performing an audit,such matters must be communicated to which party?
A)the SEC
B)the audit committee
C)management
D)the PCAOB

Question

Quizplus · Accepted Answer

The audit committee is the appropriating communication channel for the audit team to report any difficulties encountered during the audit process. The audit committee is responsible for overseeing the financial reporting process and ensuring the accuracy and validity of the financial reports. The other options, such as the SEC, management, and PCAOB, may be notified, but the primary responsibility lies with the audit committee.

If the Audit Team Encounters Difficulties in Performing an Audit,such