Bayt.com

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Can you explain two specific responsibilities of those charged with governance according to ISA 260?

Auditing Economics
user-image
Question added by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER
Date Posted: 2016/06/15
Upvote (0) Views (2) Followers (1) Answers (1) Report Question
Write an Answer
Register now or log in to answer.
Joel Thomas
by Joel Thomas , Auditor , DME HoldingGroup

  1. To provide those charged with governance with timely observations arising from the audit that are significant and relevant to their responsibility to oversee the financial reporting process; 
  2. To promote effective two-way communication between the auditor and those charged with governance.

Write Your Answer
More Questions Like This