SOX released auditors from the requirement of to reporting to the audit committee all material written communications between the audit firm and the client.

Question

Quizplus · Accepted Answer

Section 10A of the Sarbanes-Oxley Act of 2002 specifically requires that the auditor is required to report to the audit committee of the company any critical accounting policies and practices to be used, any disagreements between the auditor and management, and any written communications between the auditor and management. Therefore, auditors are not released from the requirement of reporting all material written communications to the audit committee.

SOX Released Auditors from the Requirement of to Reporting to the Audit