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Assignment 5 Assume you manage an audit of a client that is listed on both the NYSE and LSE's Main Market. Suppose he chairperson of

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Assignment 5 Assume you manage an audit of a client that is listed on both the NYSE and LSE's Main Market. Suppose he chairperson of the audit committee meets with you and says the following: heard about new auditor reporting requirements pertaining to Key Audit Matters and Critical Audit Matters. I am confused about the differences and similarities between these two requirements. Further, when are these reporting requirements effective and does our engagement have to comply with both requirements? It would be great if you could draft a brief memo to me that summarizes these issues." Instructions: Draft a memo no longer than one page using single spacing and 12 pt. font. The memo is due by hardcopy in my SOA mailbox or via email by Friday, December 13 at 5 pm. This assignment requires independent research

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