Requirement a$.$ Describe how users of the financial statements may benefit from communications about these matters in an audit report.

Users may find the disclosures by the auditor about critical audit matters helpful in understanding

Matters that would be

disclosed provide users insights about the

the auditor in obtaining sufficient appropriate evidence for forming an

opinion.

Requirement b$.$ Describe how communication of these matters may not be beneficial to users of the financial statements.

Auditing financial statements is a

Most investors

familiar with the details of the audit process and they

Disclosure of critical audit matters

about the nature of the auditor's opinion provided in the audit report. Some believe disclosure of such matters should come

Requirement c$.$ What difficulties, if any, may auditors face in communicating about these matters?

The challenge for auditors when making disclosure of critical audit matters will be

Because most audits

involve

whirh may not improve communications to users of the financial statements. Disclosure of

these matter