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AICPA Exam CPA-Auditing Topic 2 Question 95 Discussion

Actual exam question for AICPA's CPA-Auditing exam
Question #: 95
Topic #: 2
[All CPA-Auditing Questions]

Which of the following matters is an auditor required to communicate to those charged with governance?

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Suggested Answer: A

Choice 'a' is correct. Yes - Yes. Unless all of those charged with governance are also involved with managing the entity, the auditor is required to communicate significant audit adjustments. The auditor is always required to communicate changes in significant accounting policies.

Choices 'b', 'c', and 'd' are incorrect, based on the above Explanation: .


by Jenifer at Aug 27, 2024, 07:14 PM

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Brendan
10 months ago
I think the answer is Option D, because communication of uncorrected misstatements is a key responsibility of the auditor.
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Viola
10 months ago
I believe the answer is Option C, as communication of fraud is a crucial matter to be communicated to those charged with governance.
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Alfreda
10 months ago
I agree with Roosevelt, because communication of significant deficiencies in internal control is important.
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Roosevelt
10 months ago
I think the answer is Option A.
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Clemencia
11 months ago
Haha, I bet the auditor would love to communicate some of the funny typos and mistakes they find during the audit! 'Hey, did you see that the CEO listed their favorite snack as 'cheetos' instead of 'Cheetos'? Truly a matter of great significance!'
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Vernell
11 months ago
I agree with Vanda. The auditor has a responsibility to communicate relevant matters to the appropriate individuals or groups, and Option B covers that requirement.
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Vanda
11 months ago
Option B is the correct answer. The auditor is required to communicate significant matters related to the financial statement audit to those charged with governance.
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Lauran
10 months ago
Good to know. Thanks for the clarification.
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Tomas
10 months ago
Yes, you're right. The auditor must communicate significant matters to those charged with governance.
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Jesusita
11 months ago
I think it's Option B.
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