List of matters normally communicated to those charged with governance includes: a) The overall approach and scope of the audit, including any limitations on the scope of the audit. b) The accounting policies and any changes to them that could materially affect the financial statements. c) Adjustments arising as a result of audit procedures which may not materially impact the financial statements. d) Material events or uncertainties which could jeopardize the going concern status, and which does not require disclosure within the financial statements e) Disagreements with management over accounting treatments or disclosures Any expected modifications to the audit report f) Material weaknesses discovered in the internal systems and controls. All a) , b) , c) , d) , e) and f) Only a) , b) , e) and f) Only a) , b) and c) Only a) , b) , c) and e) Only a) , e) and f)
List of matters normally communicated to those charged with governance includes: a) The overall approach and scope of the audit, including any limitations on the scope of the audit. b) The accounting policies and any changes to them that could materially affect the financial statements. c) Adjustments arising as a result of audit procedures which may not materially impact the financial statements. d) Material events or uncertainties which could jeopardize the going concern status, and which does not require disclosure within the financial statements e) Disagreements with management over accounting treatments or disclosures Any expected modifications to the audit report f) Material weaknesses discovered in the internal systems and controls. All a) , b) , c) , d) , e) and f) Only a) , b) , e) and f) Only a) , b) and c) Only a) , b) , c) and e) Only a) , e) and f)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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List of matters normally communicated to those charged with governance includes:
a) The overall approach and scope of the audit, including any limitations on the scope of the audit.
b) The accounting policies and any changes to them that could materially affect the financial statements.
c) Adjustments arising as a result of audit procedures which may not materially impact the financial statements.
d) Material events or uncertainties which could jeopardize the going concern status, and which does not require disclosure within the financial statements
e) Disagreements with management over accounting treatments or disclosures Any expected modifications to the audit report
f) Material weaknesses discovered in the internal systems and controls.
All a) , b) , c) , d) , e) and f)
Only a) , b) , e) and f)
Only a) , b) and c)
Only a) , b) , c) and e)
Only a) , e) and f)
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