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Which of the following statements is correct concerning an auditor's required communication with those charged with governance? 1. If matters are communicated in writing, the report is appropriate for general use. This 2. communication is required to occur before the auditor's report on the financial statements is issued. 3. If matters are communicated in writing, the report is required to be distributed to both those charged with governance and management. 4. This communication should include disagreements with management about significant audit adjustments, whether or not satisfactorily resolved. O 1 O 2 O 3 O 4

Which of the following statements is correct concerning an auditor's required communication with those charged with governance? 1. If matters are communicated in writing, the report is appropriate for general use. This 2. communication is required to occur before the auditor's report on the financial statements is issued. 3. If matters are communicated in writing, the report is required to be distributed to both those charged with governance and management. 4. This communication should include disagreements with management about significant audit adjustments, whether or not satisfactorily resolved. O 1 O 2 O 3 O 4

Auditing: A Risk Based-Approach (MindTap Course List)
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter5: Professional Auditing Standards And The Audit Opinion Formulation Process
Section: Chapter Questions
Problem 48CYBK
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Which of the following statements is correct concerning an auditor's required communication with those charged with governance? 1. If matters are communicated in writing, the report is appropriate for general use. 2. This communication is required to occur before the auditor's report on the financial statements is issued. 3. If matters are communicated in writing, the report is required to be distributed to both those charged with governance and management. 4. This communication should include disagreements with management about significant audit adjustments, whether or not satisfactorily resolved. O 1 O 2 0 3 O 4
Transcribed Image Text:Which of the following statements is correct concerning an auditor's required communication with those charged with governance? 1. If matters are communicated in writing, the report is appropriate for general use. 2. This communication is required to occur before the auditor's report on the financial statements is issued. 3. If matters are communicated in writing, the report is required to be distributed to both those charged with governance and management. 4. This communication should include disagreements with management about significant audit adjustments, whether or not satisfactorily resolved. O 1 O 2 0 3 O 4
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