In a financial statement audit, the auditor maintains professional relationships with:
A)the board of directors and ASIC.
B)the audit committee and the internal auditors.
C)management and the professional accounting bodies.
D)shareholders and creditors.

Question

Quizplus · Accepted Answer

The auditor maintains professional relationships with the audit committee and internal auditors to ensure effective communication and coordination during the audit process.

In a Financial Statement Audit, the Auditor Maintains Professional Relationships