Auditors are required to communicate numerous issues to those charged with governance of the firm (i.e., the AC and BOD). Öne of the things auditors must convey is a listing of all material misstatements that have been corrected via adjusting entries by the client. If the client has corrected these issues, thus correcting the financial statements to be fairly presented under GAAP, do you believe it is necessary to inform the AC about these issues? Why or why not?

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