Document background
The Audit Communication Letter is a mandatory document required under Canadian Auditing Standards that facilitates formal communication between external auditors and an organization's governance body. This document is typically issued during the audit engagement process and serves multiple purposes: it establishes the scope and timing of the audit, communicates significant findings, confirms the auditor's independence, and addresses any concerns or risks identified during the audit process. The letter must align with Canadian regulatory requirements, including CAS 260 (Communication with Those Charged with Governance) and CAS 265 (Communicating Deficiencies in Internal Control). It is particularly crucial for ensuring transparency and maintaining clear documentation of audit communications in both public and private sector engagements.
