The engagement letter states that auditors are responsible for informing the client's audit committee about certain matters related to the conduct of the audit, including any:
A) serious difficulties encountered in performing the audit.
B) disagreements among audit team members pertaining to conclusions reached during the audit.
C) revisions made in the nature of audit tests performed as a result of information discovered during the course of the audit.
D) changes in the company's operational procedures during the year.

Question

Quizplus · Accepted Answer

Auditors are responsible for communicating significant issues encountered during the audit, such as serious difficulties, to the client's audit committee.

The Engagement Letter States That Auditors Are Responsible for Informing