Can you guys clarify why this answer is B and not C? Even after reading the explanation, I'm still seeing C as the answer.
Which of the following statements is correct about an auditor's required communication with those charged with governance?
A. Any matters communicated to those charged with governance also are required to be communicated to the entity's management.
B. The auditor is required to inform those charged with governance about significant errors discovered by the auditor and subsequently corrected by management.
C. Disagreements with management about the application of accounting principles are required to be communicated in writing to those charged with governance.
D. Weaknesses in internal control previously reported to those charged with governance are required to be communicated to those charged with governance after each subsequent audit until the weaknesses are corrected
Here's the Ninja explanation as to why B is correct:
The auditor is required to communicate to those charged with governance certain matters related to the conduct of the audit. The matters to be communicated include:
the auditor's responsibility under generally accepted auditing standards,
an overview of the planned scope and timing of the audit, and
significant findings from the audit, including:
the auditor's views about qualitative aspects of the entity's significant accounting practices,
significant difficulties encountered during the audit,
uncorrected misstatements,
disagreements with management,
management's consultation with other accountants, and
significant issues discussed, or subject to correspondence, with management.
Doesn't *uncorrected* misstatements and “disagreements with management” make C the answer? Am I missing something??
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