Since Dec. 15, 2020, auditors are required to communicate critical audit matters (CAMs) in 10-K....
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Accounting
Since Dec. 15, 2020, auditors are required to communicate critical audit matters (CAMs) in 10-K. Which one is NOT TRUE?
CAM should be reported to provide more detailed information for auditor's professional judgement
AICPA defines CAM and issued the standard related to CAM report
CAM can be involved subjective or complex auditor judgement
CAM should be communicated with the audit committee
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