19 July 2023 at 1:42 pm #9765
Just following up on the above comment (and I notice many auditors qualify without notifying the trustees first), ASA 705 paragraph A27 *requires* auditor to notify trustees/management PRIOR to issing the qualification, to confirm the matters of disagreement that may give rise to a qualification, and to give trustees/management an opportunity to provide the auditor with furhter information or explanations.
In other words, you are obliged by the standards to run the potential qualification past the trustee before you issue the audit report.
Regards,