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Since Dec. 15, 2020, auditors are required to communicate critical audit matters (CAMs) in 10-K....

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Accounting

Since Dec. 15, 2020, auditors are required to communicate critical audit matters (CAMs) in 10-K. Which one is NOT TRUE?

CAM should be reported to provide more detailed information for auditor's professional judgement

AICPA defines CAM and issued the standard related to CAM report

CAM can be involved subjective or complex auditor judgement

CAM should be communicated with the audit committee

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