When an auditor informs the client's audit committee of an illegal act discovered during an audit, it is acceptable for this communication to be either oral or written.

Question

Quizplus · Accepted Answer

According to auditing standards, the auditor's communication to the audit committee regarding an illegal act discovered during an audit can be either oral or written. However, it is usually advisable for such communication to be in writing to ensure clarity, documentation, and proper record-keeping.

When an Auditor Informs the Client's Audit Committee of an Illegal