According to auditing standards,reportable matters ________.
A)must be searched for by auditors
B)must be reported by auditors if they come to their attention
C)may only be reported to management
D)may be reported on verbally or in writing

Question

Quizplus · Accepted Answer

Auditing standards require auditors to report any identified reportable matters. These can include violations of laws and regulations, significant deficiencies in internal control, material misstatements, and more. Auditors are required to report these matters to both management and, if applicable, those charged with governance. Reporting can be done verbally or in writing, but the audit report itself must include any reportable matters that were identified during the audit.

According to Auditing Standards,reportable Matters ________