Audit committees have an essential role to play in ensuring the integrity and transparency of corporate reporting. Therefore, It would not be appropriate for the auditor to initiate a discussion with the audit committee concerning: Select one: a. the extent to which change in the company's organisation will influence the scope of the audit. b. Details of potential problems that the auditor believes might cause a modified opinion. c. The extent to which the work of internal auditors will influence the scope of the audit. d. Details of the procedures that the auditor intends to apply.
Audit committees have an essential role to play in ensuring the integrity and transparency of corporate reporting. Therefore, It would not be appropriate for the auditor to initiate a discussion with the audit committee concerning: Select one: a. the extent to which change in the company's organisation will influence the scope of the audit. b. Details of potential problems that the auditor believes might cause a modified opinion. c. The extent to which the work of internal auditors will influence the scope of the audit. d. Details of the procedures that the auditor intends to apply.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Audit committees have an essential role to play in ensuring the integrity and transparency of corporate reporting. Therefore, It would not be appropriate for the auditor to initiate a discussion with the audit committee concerning:
Select one:
a.
the extent to which change in the company's organisation will influence the scope of the audit.
b. Details of potential problems that the auditor believes might cause a modified opinion.
c.
The extent to which the work of internal auditors will influence the scope of the audit.
d.
Details of the procedures that the auditor intends to apply.
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