Matters of governance interest that the auditor may wish to discuss with those charged with governance include:
A)expected modifications to the audit report.
B)any practical difficulties encountered in performing the audit.
C)the potential effect on the financial report of any material risks and exposures.
D)All of the above

Question

Quizplus · Accepted Answer

All of the listed options are matters of governance interest that the auditor may wish to discuss with those charged with governance. The auditor should discuss any expected modifications to the audit report, any practical difficulties encountered in performing the audit, and the potential effect on the financial report of any material risks and exposures with those charged with governance. This helps ensure that the governance responsible parties are well informed of the audit process and associated risks.

Matters of Governance Interest That the Auditor May Wish to Discuss