The audit committee must be assured that the auditor is free of any restrictions and has not been influenced by management during the course of the audit.

Question

Quizplus · Accepted Answer

The audit committee is responsible for ensuring the independence and impartiality of the auditor so that they can carry out their audit duties effectively. They should ensure that the auditor is free of any restrictions, and has not been influenced by management during the audit process. This is crucial for maintaining the integrity of the audit process and for providing reliable and trustworthy financial information to stakeholders.

The Audit Committee Must Be Assured That the Auditor Is