If an illegal act is discovered during the audit of a publicly-held company, the auditor should:
A)notify the regulatory authorities.
B)determine who was responsible for the illegal act.
C)intensify the audit.
D)report the act to high-level personnel within the client's organisation.

Question

Quizplus · Accepted Answer

The auditor should report the illegal act to high-level personnel within the client's organization, such as the audit committee or board of directors, as part of their responsibility to communicate significant findings.

If an Illegal Act Is Discovered During the Audit of a Publicly-Held