RG 260 Communicating findings from audit files to directors, audit committees or senior managers

The Australian Prudential Regulation Authority issued this guide to specify which financial reporting and audit quality findings are communicated to directors, audit committees, senior managers, and audit firms. It outlines the specific criteria for selecting findings identified during audit file reviews and details the procedural framework for such communications. The document further establishes the required timing and processes that the regulator will follow when delivering these messages to the relevant stakeholders.