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AICPA Exam CPA-Auditing Topic 2 Question 78 Discussion

Actual exam question for AICPA's CPA-Auditing exam
Question #: 78
Topic #: 2
[All CPA-Auditing Questions]

When auditing an entity's financial statements in accordance with Government Auditing Standards, an auditor should prepare a written report on the auditor's:

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Suggested Answer: A

Choice 'a' is correct. An auditor's communication of internal control related matters noted in an audit usually should be addressed to management and those charged with governance.

Choices 'b', 'c', and 'd' are incorrect. The director of internal auditing, the chief financial officer, and the chief accounting officer all would have access to the letter; however, it would not be addressed to them since they do not have the same level of authority and responsibility to the shareholders as management and those charged with governance.


by Alex at Dec 08, 2023, 04:07 PM

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Loren
2 months ago
Ha! Auditors and their reports, always keeping us on our toes. I bet they have a secret handshake too. But seriously, option C is the way to go here. Can't skimp on the details when it comes to government audits.
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Kent
29 days ago
Definitely, the devil is in the details when it comes to auditing.
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Fannie
1 months ago
I agree, attention to detail is key in government audits.
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Franchesca
2 months ago
Option C) Field work and procedures that substantiated the auditor's specific findings and conclusions.
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Onita
3 months ago
I'm not sure why anyone would choose option D. The auditor's report is about the audit procedures and findings, not the entity's attainment of goals and objectives. That's a separate evaluation that may be included in the report, but it's not the primary focus.
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Elli
1 months ago
I agree, the auditor's report should focus on the audit procedures and findings.
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Arlen
1 months ago
C) Field work and procedures that substantiated the auditor's specific findings and conclusions.
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Doug
2 months ago
A) Identification of the causes of performance problems and recommendations for actions to improve operations.
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Kristel
3 months ago
I agree with Tyra. The auditor's report should provide details on the work performed and the evidence gathered to support the audit findings. Options A, B, and D seem to be addressing different aspects of the audit process.
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Yuki
2 months ago
Definitely. Without that information, it would be hard to assess the reliability of the audit findings.
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Noel
2 months ago
Agreed. It's important for the report to outline the evidence gathered during the audit.
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Rhea
2 months ago
I think that's correct. The auditor's report should definitely include details on the procedures followed.
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Madelyn
2 months ago
Option C) Field work and procedures that substantiated the auditor's specific findings and conclusions.
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Tyra
3 months ago
Option C seems to be the most appropriate answer here. The question specifically asks about the auditor's report, and the written report should focus on the fieldwork and procedures that substantiated the auditor's findings and conclusions.
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Svetlana
2 months ago
Yes, that's right. The written report should definitely focus on the specific findings and conclusions based on the field work and procedures.
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Sharen
2 months ago
I agree, option C is the best choice. It's all about the field work and procedures that support the auditor's findings.
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Chuck
2 months ago
Yes, the auditor's report should outline the fieldwork and procedures that support their findings and conclusions.
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Bok
3 months ago
I agree, option C is the best choice because it directly relates to the auditor's report.
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Cherry
3 months ago
I'm not sure, but I think it's important for the auditor to provide a clear explanation of how they arrived at their findings.
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Kent
3 months ago
I agree with Gabriele. The auditor's report should be based on the field work and procedures conducted during the audit.
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Gabriele
4 months ago
I think the answer is C) Field work and procedures that substantiated the auditor's specific findings and conclusions.
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