CAS 450 requires the auditor to communicate all misstatements to the audit committee
A)if the misstatements are slightly material.
B)if the misstatements are material.
C)if the misstatements are other than trivial.
D)regardless of materiality.

Question

Quizplus · Accepted Answer

CAS 450 requires auditors to communicate misstatements to the audit committee if they are other than trivial, meaning they are not insignificant enough to be disregarded.

CAS 450 Requires the Auditor to Communicate All Misstatements to the Audit