ISA 260 (Revised) — Communication with Those Charged with Governance
ISA 260 (Revised) is an international pronouncement addressing communication between the auditor and those charged with governance. It addresses the auditor’s communication with those charged with governance, including significant audit findings and responsibilities. The content and timing depend on circumstances, and the standard interacts with other specific communication requirements.
Worked example
The auditor communicates significant audit findings to the audit committee in a timely manner.
Common mistake
Communicating with governance does not replace communication required by another standard or change management’s responsibilities.
Where it appears in your exams
| Qualification | Exam | Relationship | Period |
|---|---|---|---|
| ACCA | AA | Supporting | September 2026–June 2027 |
| ACCA | AAA (INT) | Supporting | September 2026–June 2027 |