Auditing and Attestation - Certified Public Accountant (CPA) Practice Exam 2025 - Free CPA Practice Questions and Study Guide

In the context of a nonissuer financial statement audit, an auditor is required to communicate any significant deficiencies in internal control to management within a specific time frame after the audit has been completed. The standard procedure is to provide this communication in writing within 60 days of the report release date.

This requirement is rooted in the auditor's responsibility to ensure that management is aware of any significant deficiencies that could adversely affect the organization’s financial reporting. By communicating in writing, the auditor provides a formal record that can help management prioritize addressing those deficiencies.

The significance of the 60-day window is to allow adequate time for the auditor to assess the findings and ensure that the communication is thorough and comprehensive, while still being timely enough for management to take appropriate corrective action. Thus, this approach balances the need for clarity and urgency in financial reporting and internal controls.