Section Introduction - ASA 260 - Communication of Audit Matters with Those Charged With Governance - April 2006 - Introduction

Introduction

4 The purpose of this Auditing Standard is to establish mandatory requirements and to provide explanatory guidance on communication of audit matters arising from the audit of the financial report between the auditor and those charged with governance of an entity. These communications relate to audit matters of governance interest as defined in this Auditing Standard. This Auditing Standard does not provide guidance on communications by the auditor to parties outside the entity, for example, external regulatory agencies.

5 The auditor shall communicate audit matters of governance interest arising from the audit of the financial report with those charged with governance of an entity.

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