The accuracy of information included in notes that accompany the audited financial report of a company whose shares are traded on a stock exchange is the primary responsibility of:
A)the independent auditor.
B)the stock exchange officials.
C)the Australian Securities and Investments Commission.
D)those charged with the governance of the company'.

Question

Quizplus · Accepted Answer

The accuracy of information in the notes accompanying audited financial reports is primarily the responsibility of those charged with the governance of the company, such as its board of directors. They are responsible for the preparation and fair presentation of these financial reports in accordance with the applicable financial reporting framework.

The Accuracy of Information Included in Notes That Accompany the Audited