Lesson: Engagement Communication Objectives

In this lesson, Nick Palazzolo discusses various aspects of communication during an audit engagement. He explains the need to communicate with component auditors and other parties, beyond management and those charged with governance. Topics explored include identifying matters to be communicated in a group audit engagement, required communications by law for audits and non-audits, and matters to be communicated other than those related to the plan scope, timing, and deficiencies. By understanding these communication considerations, the principles of audit engagement communication can be effectively applied in real-world situations.