Auditors of public companies are required by SOX to communicate certain matters to the client company's audit committee, including:
A) significant audit findings and adjustments made to the financial statements.
B) identification of the auditor who will sign the SOX 302 certification.
C) identification of the auditor who will sign the management representation letter.
D) an explanation about whether the auditor chose to follow PCAOB or AICPA standards during the engagement.

Question

Quizplus · Accepted Answer

SOX requires auditors to communicate significant audit findings and adjustments made to the financial statements to the client company's audit committee. The other options listed (B, C, and D) are not specifically required by SOX.

Auditors of Public Companies Are Required by SOX to Communicate