Question: What are the auditors responsibilities to communicate information to the audit committee under AICPA and PCAOB standards? If the auditor discovers that the audit committee

What are the auditor’s responsibilities to communicate information to the audit committee under AICPA and PCAOB standards? If the auditor discovers that the audit committee routinely ignores such communications especially when they are critical of management’s use of in the financial statements, what step(s) might the auditor take at this point.

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During the course of the audit the auditors will discuss with the audit committee matters such as weaknesses in internal control proposed audit adjustments disagreements with management as to accounti... View full answer

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